Turkish Contractors Should Build Cambodia’s Cities, Not Its Next Bubble
2 Articles
2 Articles
Turkish contractors generated $2.714 billion in revenue in the first half of the year by undertaking 57 projects abroad.
Turkish Contractors Should Build Cambodia’s Cities, Not Its Next Bubble
By Mehmet Enes BeserTurkish contractors assessing opportunities in Phnom Penh should pay close attention to one figure in the World Bank’s June 2026 Cambodia Economic Update: non-performing loans rose to 8.9 percent in 2025, from 7.4 percent a year earlier, as the prolonged property downturn weakened asset quality. Domestic credit growth also slowed to 5.3 percent, with real estate and construction among the weakest sources of loan demand.The fi…
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