Process of the government’s and private sector’s infrastructure development projects of still continue amid the COVID-19 pandemic which would affect negatively Cambodia’s economic growth rate this year.
In a visit to inspect the construction process of new Phnom Penh international airport in Kandal and Takeo provinces on June 22, Prime Minister Samdech Akka Moha Sena Padei Techo Hun Sen said that Cambodia’s economic growth in 2020 is projected to be at -1.9 percent, the worst growth in the last two decades, due to COVID-19. But, he added, there have be so far no companies announcing bankruptcy or suspension of their construction processes.
Construction projects of both government and private sector such as roads, airports, and residential units have continued as planned, Samdech Techo Hun Sen said.
“The firm here [new Phnom Penh airport] invests US$1.5 billion. This company has neither mentioned about the shortage of investment budget nor about the suspension of construction process. We have other companies such as Peng Hout and Chip Mong companies, which continue their projects like what they did before the COVID-19 crisis,” the Premier underlined.
Source: Agency Kampuchea Press