According to a research report by the National Bureau of Statistics of Cambodia’s Ministry of Planning, the capital Phnom Penh will account for 36.3% of the country’s total population by 2030.
With the continuous economic growth and urban traffic congestion problems, the Royal Government is bound to expand the city map of Phnom Penh. According to official Cambodian estimates, by 2030 about one-third of Cambodians will live in urban areas across the country.
In addition, according to a new study by the Cambodian Ministry of Land Planning and Construction, the urbanization rate is expected to increase to around 44 percent by 2030, compared with 27.1 percent in 2008 and 30 percent in 2014, according to a 2015 report. %.
According to Pan Subo, Secretary of State at the Ministry of Land Planning and Construction, the rapid development of the real estate and construction industries has become a key pillar for Cambodia’s economic growth to achieve an annual growth rate of 7%.
In order to further ensure macroeconomic stability and achieve the goal of Cambodia becoming a high-income and high-income country by 2030 and a high-income country by 2050, the Royal Government is committed to promoting the development of real estate, trade, services, and industry, and is committed to promoting Construction of physical infrastructure, roads, networks, water supply, electricity, drainage systems, flood control systems, sewage treatment plants, solid waste management and other urban facilities.
Source: https://reurl.cc/k7A63b