Articles

In Brief: Property jobs warning

In Financial Crisis, Labor, Real Estate on March 14, 2009 by viCheth

PP Post, Written by Soeun Say

FRIDAY, 13 MARCH 2009

THE president of the National Valuers Association of Cambodia urged the government to take steps to boost the property sector to prevent job losses it says could reach as high as 150,000. Speaking at the 2009 Cambodia Outlook Conference, Sung Bonna said that not just construction workers and realtors but also architects, engineers and workers in the construction materials supply chain were at risk if the government did not enact reforms to boost confidence in the sector. He called for the government to overhaul the legislative framework to streamline investment and to delay laws that could discourage developers.

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