Cambodia's construction machinery market may becom

In 2013, Cambodia's construction machinery market may become the first choice for Chinese enterprises

in 2013, Cambodia's construction machinery market may become the first choice for Chinese enterprises

China's construction machinery information

Introduction: Cambodia's economic level is still low, but this country is a large agricultural country, and there is still a great demand for small construction machinery. Chinese enterprises have invested US $11.2 billion in Cambodia to build railways and steel. According to media reports, two Chinese companies have agreed to invest US $11.2 billion in Cambodia to build a 400 km long railway

Cambodia's economic level is still low, but the country is a large agricultural country, and there is still a great demand for small construction machinery

Zhang Chuanli, chairman of Cambodian iron and steel mining industry group, said that Cambodian iron and steel has hired China Railway Group to build a 250 mile long railway for it to connect a steel plant in Preah Vihear Province in the north of Cambodia with a port on the southern Guogong island. It is estimated that the cost of building railways and ports is US $9.6 billion and that of building steel mills is US $1.6 billion

the above transactions reflect that China is expanding at the Economic Frontier in Southeast Asia

Mr. Zhang said that the above three projects will start this year and the construction period is four years. "The transportation demand of mineral products is huge, and these mineral products will be exported to China and the world."

Cambodian iron and steel mining industry group is a Chinese company headquartered in Preah Vihear and established in 2006

the agreement was reached on Monday, three days after China PUFA Machinery Industry Co., Ltd. and Cambodia Petrochemical announced that they would jointly propose a $2.3 billion refinery with an annual refining capacity of 5 million tons

Chinese enterprises also plan to build a US $7 billion, 400 km high-speed railway in neighboring Laos and try to win a contract to build a new line in Thailand

Mr. Zhang did not provide the source of funds for the construction of railways, steel plants and ports in Cambodia. He said that the ceremony of the railway proposal would be held at the end of this month and the construction of the steel plant would start in July

the Cambodian iron and steel mining industry group said in the release that a three kilometer bridge will connect the Guogong island and the mainland, and the project will stimulate the economic development of four neighboring provinces

Peter brimble, senior economist at the Asian Development Bank, said he was shocked by the scale of the railway project. "This must be the largest project in Cambodia's history."

China Railway announced on December 4 that on December 31, 2012, the company signed the EPC contract agreement for Cambodia Preah Vihear mine railway and port project and Cambodia Preah Vihear mine railway and port project with Cambodia iron and Steel Mining Group, which agreed that the company would undertake two infrastructure construction projects of Cambodia Preah Vihear mine railway and port project in accordance with the EPC contract mode, The estimated contract price of the project is about 60 (1) graphene based electrode material for electric vehicle lithium battery is 240 million yuan, accounting for about 12.73% of the company's operating revenue in 2011

the announcement shows that Cambodia's Preah Vihear mine railway and port of Shami are two important infrastructure construction projects in the kingdom of Cambodia. The total length of the railway line of Preah Vihear mine is 404.481km. It starts from the iron ore mining area of Preah Vihear in the north, passes through the province of Bong Tong, the province of kampong Chhnang and the province of kampong SPEU in the south, and ends at the port of Shami, the Gonggong province. It will form a national trunk line from the northeast to the southwest of the kingdom of Cambodia. We hope to promote the solution of the increasingly serious pollution situation of the logistics industry as soon as possible. Shami port is located on Pineapple island on the southwest coast of Cambodia and serves as a channel for energy, resources, goods and services

Cambodia's overall economic performance was good in 2012

in 2012, although the global economy was depressed, Cambodia's overall economic performance was good. In September 2012, the International Monetary Fund changed the economic growth rate of Cambodia from the previous forecast of 6.35% to 6.5%, while the Asian Development Bank predicted that the economic growth rate of Cambodia would be 6.4%. Since the middle of the year, Cambodia's inflation rate has continued to decline. It is expected that the inflation rate will be 3.5% in 2012 and 4% in 2013

according to the report recently released by the Ministry of Commerce of Cambodia, the economic growth rate of Cambodia is expected to be 7.0% in 2012, while the inflation control accuracy is high, and the inflation rate is below 4%. The report said that from the end of 2012 to the beginning of 2013, although the global economy will continue to encounter high risks due to the impact of the EU debt crisis and the US economic downturn, Cambodia's economy still maintained strong growth and moved towards the expected growth rate of 7.0%

the report emphasizes that the four pillars that promote Cambodia's economic development, including agriculture, textile and garment industry, construction industry and tourism, have maintained good development

according to the latest data from the Ministry of Commerce of Cambodia, in the first ten months of last year, the total export volume of Cambodia was about 4.5 billion US dollars, an increase of 11% compared with the same period of the previous year, of which the contribution rate of textile and garment industry reached 80%, while the contribution rate of agriculture accounted for only about 10%. According to the data from the Ministry of tourism of Cambodia, in the first 10 months of last year, foreign tourists increased by 24% compared with the same period of the previous year, reaching nearly 2.86 million person times. According to the statistics of the Ministry of land and resources of Cambodia, 1494 construction projects have been approved last year, an increase of 73.3% year-on-year

a spokesman for the Cambodian Ministry of Commerce said that Cambodia's exports did not decline in 2012 due to the impact of the global financial crisis. Demand in the United States and Europe, the two major markets for Cambodian commodity exports, remains strong. At the same time, in order to seek diversified market development, Cambodia is also actively exploring the Asian market

Ahmed, the representative of the International Monetary Fund in Cambodia, said that no matter how bad the current global economic environment is, Cambodia's economy remains in good operation, which is reflected in Cambodia's strong exports, booming tourism, booming construction industry and the trend of economic diversification

when reviewing the economic development of Cambodia in 2012, Cambodian economists said that for Cambodia, 2012 is a year with many historical moments. In mid April, Cambodia opened its securities market; In May, Cambodia established the first life insurance company in its history; At the end of November, Cambodia, as the rotating presidency of ASEAN, successfully held the 21st ASEAN summit. The above shows that Cambodia's economy is developing strongly

in 2012, Cambodia's economy operated well as a whole. In 2013, Chinese enterprises invested US $11.2 billion in Cambodia to build railways and steel. In addition, Cambodia expects more Chinese machinery products to enter the local market. These good news will greatly promote the prosperity of Cambodia's construction machinery market