Cambodia Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2029 (H1 2025)
Summary
GlobalData expects Cambodia’s construction industry to record an annual growth of 5.2% in real terms in 2025. This will be supported by a rise in the approval of new construction projects and an increase in credit to the construction industry. This will also be supported by the Ministry of Economy and Finance’s plans, announced in January 2025, to issue government bonds by the end of 2025 to raise KHR493.3 billion ($120 million) in funding to bolster the construction industry. In a sign of the improvement in the construction industry, according to the National Bank of Cambodia (NBC), the total bank credit to the industry stood at KHR22.22 trillion ($5.4 billion) at the end of November 2024, up by 10% compared to KHR20.2 trillion ($4.9 billion) at the end of November 2023.
Cambodia’s construction industry is expected to register an annual average growth of 7.7% between 2026 and 2029 supported by investment in the transport, renewable energy, logistics and residential sectors, coupled with investment as part of the comprehensive master plan for Cambodia's transport and logistics system 2023-2033. This master plan has identified 174 priority projects that necessitate investments of around KHR150.9 trillion ($36.7 billion) over the next 10 years. Additionally, growth over the forecast period will also be supported by the Council for the Development of Cambodia’s (CDC) approval of 112 new projects in the first two months of 2025, with a total valuation of KHR4.1 trillion ($1 billion). Of the total, KHR1.2 trillion ($288 million) was allocated in the industrial sector, with the rest allocated to infrastructure and other sectors. Some of the major projects approved include a KHR135.7 billion ($33 million) solar-powered electricity plant in Teuk Phos district, Kampong Chhnang province; KHR127.4 billion ($31 million) of a metal processing plant in Kampot’s Chumkiri district; and KHR90.4 billion ($22 million) of a metal and plastic tool factory in the Koh Kong Special Economic Zone.
GlobalData’s Construction in Cambodia - Key Trends and Opportunities to 2029 (H1 2025) 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.
This report provides a comprehensive analysis of the construction industry in Cambodia. It provides -
- Historical (2020-2024) and forecast (2025-2029) 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
- 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 GlobalData's critical and actionable insight
- Assess business risks, including cost, regulatory and competitive pressures
- Evaluate competitive risk and success factors
- 1 Executive Summary
- 2 Construction Industry: At-a-Glance
- 3 Latest news and developments
- 4 Project analytics
- 5 Construction Market Data
- 6 Risk Profile
- 7 Appendix
- 7.1 Definitions
- 7.2 CRI Methodology
- 7.3 About GlobalData
- 8 Contact Us
- List of Tables
- Table 1: Construction Industry Key Data
- Table 2: Cambodia, Top Construction Projects by Value
- Table 3: Cambodia, Construction Output Value (Real, $ Million)
- Table 4: Cambodia, Construction Output Value (Nominal, KHR Million)
- Table 5: GlobalData Construction Market Definitions
- Table 6: Risk Dimensions
- Table 7: Ratings, Scores and Definitions
- List of Figures
- Figure 1: Cambodia, Construction Output Value (Real, $ Million, 2022 Prices and Exchange Rate), 2020–29
- Figure 2: Cambodia, Construction Output Value, by Sector (Real, $ Million), 2020–29
- Figure 3: South and South-East Asia, Construction Output (Real % Change), 2023–29
- Figure 4: Cambodia, Construction Output by Sector (Real % Change), 2023–25 and 2026–29
- Figure 5: Cambodia, Credit Granted by Deposit Money Banks to the Construction Industry (KHR Billion)
- Figure 6: Cambodia, International Tourist Arrivals, in thousands
- Figure 7: Cambodia, Total Exports (KHR Billion)
- Figure 8: Cambodia, Credit Granted by Deposit Money Banks to the Real Estate Industry (KHR Billion)
- Figure 9: Cambodia, Residential Property Price Index (2020=100)
- Figure 10: Cambodia, Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 11: Cambodia, Risk Summary
- Figure 12: Cambodia, Risk Regional Comparison
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