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BUILDING SUCCESS IN CAMBODIA

Phnom Penh will once again host the CAMBUILD Exhibition & Conference at the Diamond Island Exhibition & Convention Centre from 10-12 October 2012. CAMBUILD ’12 is recognized as the No.1 international event for the Building and Construction Industry in Cambodia. The last event attracted over 10,000 trade visitors and welcomed over 150 exhibiting companies and an overwhelming 75% of exhibitors rated the event a success.

The construction sector in Cambodia is projected to grow over 7% in 2011 and 9.9% from 2012 to 2015. Already, many industrial, commercial and residential projects are underway. In addition, the Government has also implemented many infrastructure development projects. The country represent excellent business potential for manufacturers and suppliers of construction equipment, building materials, supplies and technology.

Make CAMBUILD 2012 Expo the road to your success in Cambodia. It is the proven business to business event that will deliver to you targeted buyers including architects, consultants, engineers, project managers, contractors, developers, retailers and distributors.

Contact Mr Richard Yew today at richard@ambexpo.com to see how you can benefit from Cambodia’s No.1 Build & Construction industry Show.

MARKET UPDATE
The Cambodian construction industry is forecast to grow by 9.5% (in real terms) in 2010, pushing the nominal industry value to KHR2.59trn (US$640mn).

Over the medium term, the country’s construction sector is expected to continue to see robust growth due to the bullish economic outlook for the country, the renewed interest in investing in Cambodia’s infrastructure sector and growing urbanisation level Beyond 2011, the prospects for the Cambodian construction sector are bright. It is forecasted that Cambodia’s construction industry to average real growth of 9.9% per annum between 2011 and 2015
[Source: Cambodia Business ReviewCOUNTRY MARKET UPDATE]

Population : Est 14.5 million
Languages : Khmer (official) 95%, French, English
GDP : $12.61 billion (2007 est.)
GDP : Growth 9.1% (2007 est.)
GDP per capita : $1,800 (2007 est.)
GDP by sector : Agriculture (31%), industry (26%), services (43%) (2007)
Inflation (CPI) : 5% (2006 est.)
Labour force : 8.6 million (2008 est.)
Main industries :
Tourism, garments, rice milling, fishing, wood and wood products, rubber, cement, gem mining, textiles
Exports : $3.331 billion f.o.b. (2006 est.)
Export goods : Clothing, timber, rubber, rice, fish, tobacco, footwear
Main export partners : US 48.6%, Hong Kong 24.4%, Germany 5.6%, Canada 4.6% (2005)
Imports : $4.477 billion f.o.b. (2006 est.)
Import goods : Petroleum products, cigarettes, gold, construction materials, machinery, motor vehicles, pharmaceutical products.
Industrial production growth rate : 12% (2007 est.)

STRONG ECONOMIC REBOUND IN 2011

Cambodia has been growing at a rapid pace and over the past few years and reached 12% in 2007. The nation’s GDP averaged 11% from 2004-7 lead by foreign investments and increasing local consumption. In spite of the slowing global economy, Cambodia’s growth registered 7.5% in 2008*.

The economic growth is projected to register positive growth in 2009-2010 and will reach 7% in 2011.