Phnom Penh (FN), Dec. 28 – Cambodian’s construction investment reached 3,052 projects on a surface area of 10 million square meters, worth of approximately $6.4 billion, an increase of 22.31% compared to 2016, which was $5.2 billion, according to the annual report of the Ministry of Land Management and Urban Planning.

Among those 3,000 projects, the ministry has approved 236 projects $5.9 billion, an increase of 23.37% compared to 2016, which comprised of 344 projects with a total investment of $4.8 billion.

According to the report, there were 2,291 residential construction in 2017, and 188 of minimum five-storey buildings in Phnom Penh.

From 2000 to 2017, there were 39,903 permitted, which cover a total area of 102 million square meters with a total estimated cost of $37.8 billion.