Cambodia Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2028 (H2 2024)

The analyst expects the Cambodian construction industry to record growth of 5.8% in real terms in 2024 and 6.8% in 2025, supported by investment in industrial, transport, electricity, and commercial infrastructure projects. According to a Development of Cambodia (CDC) report, published in early November 2024, the Cambodian government approved 346 fixed-asset investment projects worth KHR23 trillion ($23 billion) in the first ten months of 2024. The new projects were in areas such as hotel development, hydroelectric power, freshwater ports, solar power plants, lighting and accessory factories, amusement parks, and car tire plants, among others. The Ministry of Commerce's Secretary of State and Spokesperson reported that the Regional Comprehensive Economic Partnership (RCEP) agreement, the Cambodia-China Free Trade Agreement (CCFTA), and Cambodia's favorable investment law are the key factors in attracting foreign direct investment (FDI) to the country. The Cambodian government approved the draft 2025 Budget, worth over KHR39 trillion ($9.3 billion), in October 2024. The 2025 Budget aims to support infrastructure development, human capital improvement, economic diversification, and institutional development. It also aims to focus on enhancing public services in the education and healthcare sectors.

The analyst expects the construction industry in Cambodia to register an average annual growth of 7.3% from 2026 to 2028, supported by investment as part of the comprehensive master plan for Cambodia's transport and logistics system 2023-2033. The master plan has identified 174 priority projects, including 94 road projects, 23 river transportation projects, 20 sea transportation projects, 15 logistics systems, 10 air transportation projects, eight railway projects, and four other additional projects.

The Construction in Cambodia - Country Briefing (H2 2024) report provides detailed market analysis, information and insights into the Cambodian construction industry, including:

• The Cambodian construction industry's growth prospects by market, project type and construction activity
• Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in the Cambodian construction industry
• Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline

Scope

This report provides a comprehensive analysis of the construction industry in Cambodia. It provides:

• Historical (2019-2023) and forecast (2024-2028) 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

Reasons to Buy

• Identify and evaluate market opportunities using our standardized valuation and forecasting methodologies
• Assess market growth potential at a micro-level with over 600 time-series data forecasts
• Understand the latest industry and market trends
• Formulate and validate business strategies using the analyst's critical and actionable insight
• Assess business risks, including cost, regulatory and competitive pressures
• Evaluate competitive risk and success factors