Cambodia’s economy had been hit by the worst flooding in decades and the first community outbreak of Covid-19. The flooding caused many roads to be damaged and disconnected, the logistics of cement and building materials were severely affected.
As a result, construction in flooded areas had to stop. Moreover, with the first wave of the Covid19 transmission, most Phnom Penh projects had to stop construction.
These had a direct impact on Cambodia’s construction and real estate sectors. However, with the decrease in demand in the residential, commercial and industrial segments, the government is attempting to boost the economy by investing more in infrastructure.
https://www.phnompenhpost.com/business/scg-logs-growth-cambodia
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