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  • As small, open economy, Cambodia has enjoyed robust growth in recent years, benefiting from a stable macroeconomic environment, efficiency improvements, a strategic location in the world’s fastest-growing region and a young population. With continued impressive growth, the outlook is positive and medium-term prospects are favorable (International Monetary Fund, 2017)
  • 12 percent of GDP (World Travel & Tourism Council, 2014)
    4.5 million tourists (Ministry of Tourism, 2014)
    $3.2 billion in international tourism receipts (World Bank, 2014)
  • 9 percent of GDP (Council for the Development of Cambodia, 2015)
    2,636 projects worth $8.5 billion approved (Ministry of Land Management, Urban Planning and Construction, 2016)
    Construction and real-estate sector growth fueled by significant foreign direct investment and other capital inflows (International Monetary Fund, 2017)
  • Stable with real GDP growth projected to remain robust at around 7 percent over the next few years before moderating to 6 percent in the medium term, strong domestic fundamentals supporting investment such as annual average inflation of 1-4 percent in recent years, a stable exchange rate and rising international reserves (International Monetary Fund, 2017)
  • $5.7 billion in garment exports (International Labour Organization, 2015)
    700,000 workers in 1,200 garment businesses
    Manufacturing exports seen benefiting from extended preferential US trade
    access and product diversification (International Monetary Fund, 2017)
  • 30 percent of GDP, half total employment (International Monetary Fund, 2017)
    Rice production is increasing steadily, making Cambodia important exporter. Other important food crops are corn, soybean, mung bean, cassava, mango, pineapple, jackfruit, durian, rambutan and banana.
    Production of sugarcane, rubber and palm oil is expanding significantly. (Food and Agriculture Organization of the United Nations, 2017)
Bananas find export appeal

Hoang Anh Gia Lai (HAGL), which last month became the first company to officially export bananas from Cambodia, has secured more orders for the fruit and will ship another 100 tonnes of banana... read more >>>

26th June 2018 | Share | |
Cambodia’s Prime Minister Official Visit to Japan

During the official visit, Cambodia’s Prime Minister allowed 4 big companies to pay courtesy meeting for work discussion: Denso Cambodia Co., Ltd., Toyota Tsoshu Co., Ltd., Mizuho Bank, ... read more >>>

20th November 2017 | Share | |
Japanese insurer opens new representative office

Japanese insurer Tokio Marine & Nichido Fire Insurance Co has opened a representative office in Phnom Penh to explore the insurance market in Cambodia and offer its non-life insurance prod... read more >>>

20th November 2017 | Share | |
Deal for oil field finally signed

Cambodia moved a step closer to becoming an oil-producing nation yesterday after the government finalised its long-awaited production-sharing agreement with Singapore-listed KrisEnergy to deve... read more >>>

20th November 2017 | Share | |
China province agrees to import local rubber from CAMBODIA

The Ministry of Commerce announced that representatives from the northwest Chinese province of Shaanxi have signed a memorandum of understanding (MoU) to purchase 300,000 tonnes of Cambodian r... read more >>>

20th November 2017 | Share | |
Ministry to begin $20M plan for domestic vegetables

Implementation of a previously announced three-year $20 million programme to increase local vegetable and fragrant rice production will begin next month to help boost domestic supply and reduc... read more >>>

20th November 2017 | Share | |
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