Cambodia Construction Industry Report 2022: Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Size, Trends and Forecasts 2020-2026 –

DUBLIN–(BUSINESS WIRE)–The “Cambodia Construction Market Size, Trends and Forecasts by Sector – Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2022-2026” report has been added to’s offering.

After registering a decline of 1.8% in 2020, Cambodia’s construction industry recorded growth of 2.1% in 2021, with output mainly supported by resilient domestic and foreign investment.

According to the Ministry of Land Management, Urban Planning and Construction, construction investment in Cambodia amounted to KHR22 trillion ($5.3 billion) in 2021, with investment sourced predominantly from China, South Korea, and Japan. In 2021, the government approved licenses for 4,303 construction projects.

Additionally, the garment industry, one of the main pillars of Cambodia’s economy, performed well in 2021. According to the General Department of Customs and Excise, garment exports increased by 15.2% year-on-year (YoY) in 2021, amounting to KHR47.2 trillion ($11.4 billion). The growth of the garment industry is expected to drive an increase in demand for productive capacity in the sector, thereby supporting further growth in the construction industry.

In November 2021, the government approved its 2022 draft Budget bill of KHR35.2 trillion ($8.5 billion), in an increase of 8.4% in comparison to its 2021 Budget. Of the budget, around KHR8.3 trillion ($2 billion) will be spent on national social work, KHR2.1 trillion ($500 million) on the general administration sector, KHR6.6 trillion ($1.6 billion) towards economic development, KHR5 trillion ($1.2 billion) on defense and KHR3 trillion ($730 million) for sub-national expenditures. In terms of capital expenditure, KHR6.6 trillion ($1.6 billion) will be spent on local financing and KHR1.5 trillion ($360 million) on loan repayments.

The publisher expects the construction industry to grow by 6.3% in 2022 and register an annual average growth of 9.4% between 2023 and 2026, supported by investment in the infrastructure, commercial and residential sectors. According to the National Bank of Cambodia (NBC), the construction and real-estate sectors are expected to drive growth this year, supported mainly by the 4,303 construction projects approved in 2021 and robust interest in real estate.

Further support will be provided by the resumption of economic activity and the reopening of borders to fully vaccinated tourists, which is expected to accelerate demand for expanded retail capacity this year. The industry’s growth over the forecast period will also be supported by the KHR243.2 trillion (US$59.9 billion) National Strategic Development Plan (2019-23), which prioritizes the development of human resources, road, water, and electricity infrastructure.

As part of this plan, in November 2021 the Asian Development Bank (ADB) approved a KHR745.9 billion ($180 million) loan to improve urban infrastructure in Bavet, Kampot and Poipet.


  • Historical (2017-2021) and forecast (2022-2026) valuations of the construction industry in Cambodia, featuring details of key growth drivers.
  • Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
  • Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
  • Listings of major projects, in addition to details of leading contractors and consultants

Key Topics Covered:

1. Construction Outlook

2. Construction Industry: At-a-Glance

3. Latest News and Developments

4. Project Analytics

5. Construction Market Data

6. Risk Profile

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