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Cambodia construction approvals hit $3.1bn in Q2 as China piles in

Surge in planned condo development boosts residential sector, CBRE figures show

The uptick in Cambodia's approved construction investment follows a slight slowdown in 2018, which was an election year. (Photo by Akira Kodaka)

PHNOM PENH -- Approved construction investment in Cambodia surged nearly 90% to $3.1 billion in the second quarter, according to new data, as "bullish" Chinese investors dominate a booming condominium market in Phnom Penh.

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