In 2021, despite being affected by the COVID-19 epidemic, all three areas of agro-forestry and fisheries, industry and construction, and services posted higher growth rates compared to 2020.
Singapore's economy will grow by 4 percent next year, likely be driven by improvements in the construction sector as well as manufacturing and finance, according to a survey of professional forecasters.
Climate change’s impacts, which are forecast to make the Mekong Delta lower than the sea level by about one metre in the next decade, are the greatest challenge facing the region, threatening all socio-economic sectors, including construction.
The Singaporean economy grew 0.2 percent in the first quarter of this year, a positive signal compared to a 2.4 percent contraction in the fourth quarter of 2020.
One of the country’s key traffic projects, the Hai Van Tunnel 2 completed after 45 months of construction. The project is considered a highlight for Vietnam’s construction sector as it is the longest road tunnel in Southeast Asia and was built completely by domestic workers and engineers.
China’s direct investment in Cambodia reached 860 million USD in the first 11 months of last year, up 70 percent year-on-year, the Phnom Penh Post cited data from the Chinese Embassy in Phnom Penh as saying on January 5.
The Vietbuild Hanoi International Exhibition 2020 opened in the capital on November 25, showcasing a series of new products, technologies, and services from the construction sector.
Deputy Prime Minister Trinh Dinh Dung has signed a decision approving a strategy on the development of Vietnam’s building materials for the 2021-30, with a vision to 2050.
Cambodia attracted a total of 3.84 billion USD worth of construction investment in the first half of 2020, up 13 percent from the 3.39 billion USD recorded in the same period last year.
A development strategy is being drawn up for the building material industry for 2021-2030, with a vision to 2050, as the management and development of the sector are still facing a number of shortcomings.
The Hoa Binh Construction Group (HBG) has been named in the list of top 10 prestigious construction and building materials companies selected by the Vietnam Report JSC.
More measures and policies should be introduced to support enterprises, especially small and medium-sized enterprises (SMEs), in the context of a growing number of businesses temporarily ceasing operations due to the COVID-19 pandemic, economists have said.
The Cambodian Ministry of Land Management, Urban Planning and Construction said the construction industry in the country remains stable despite a serious downturn facing many sectors globally due to impact of COVID-19.
Vietnam’s gross domestic product (GDP) increased 7.02 percent in 2019, marking the second straight year the economic growth rate topping 7 percent since 2011, according to the General Statistics Office (GSO).
Cambodia’s construction sector attracted 9.35 billion USD in investment this year, up 79 percent from 5.22 billion USD recorded in the previous year, reported the Xinhua News Agency.
Cambodia’s construction attracted a total investment of 6.49 billion USD in the first nine months of 2019, up 34.7 percent from 4.82 billion USD over the same period last year, said the Ministry of Land Management, Urban Planning and Construction (MLMUPC).
The southern province of Dong Nai recorded a GDP growth of 8.02 percent in the first six months of this year, according to the provincial People’s Committee.
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