ABSTRACT

Figure 4.1 shows the net value of construction output from 2002 to 2012.

Figure 4.1 Construction output at market price. (From Asian Development Bank (ADB) – Key indicators 2012.)

Gross value of construction output N/A Net value of construction output (2012) Riels 3,662.5 bn Net value of construction output as a proportion of GDP (2012) 6.5%

in 2012, as compared to 2,125 projects with capital of $1.2 billion in 2011, and 2,149 projects with capital of $0.84 billion in 2010. Interestingly, whilst the number of construction projects has reduced from 2,125 projects in 2011 to 1,694 projects in 2012, total capital value, on the other hand, has increased. This is likely due to the fact of increase in the number of luxury/high-end projects in the market.