Wednesday, 17 April 2013

Cambodia and Laos Infrastructure Report Q2 2013

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Cambodia and Laos Infrastructure Report Q2 2013
Apr 17th 2013, 00:00

BMI View: We believe that construction activity in Cambodia could experience a mild recovery in 2013due to renewed interest from foreign investors and increased public spending on construction. We areforecasting construction real growth to reach 7.4% in 2013, up from an estimated 6.6% in 2012. However,this 2013 growth prediction is below the average growth rate seen over the previous decade. Thisunderperformance is due to a potential decline in Chinese investment and the lack of resolution with landacquisition disputes.Key developments in Cambodia''s infrastructure sector:? In November 2012, Royal Group and Hydrolancang International Energy signed an agreement to...

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