It is a good news to see that finally a construction association in Cambodia was launched to ensure the collaboration among the construction companies, housing developers and the relevant ministries. Hopefully, this association will help to strengthen the standard of construction to higher level and bring in new attractive architectural design to the country.
The construction industry is growing fast and is one of the main pillars contributing to the economic growth of the country. According to Phnom Penh Post, in 2010, the industry contributed an estimated US$620 million to the economy; about 5.5 percent of the Kingdom's GDP, while providing around 150,000 jobs, and there are currently 1,074 construction and design companies, comprising 847 foreign firms.
Vattanac Tower under construction