Wednesday, August 13, 2014

UN ESCAP: Cambodia’s Economy Is Expected at 7.2% in 2014


13 August 2014

Cambodia’s economy growth is expected to average 7.2% in 2014, only slightly lower than 7.6% in 2013.

The promotion of the garment export and the development of the agricultural export market led to the nation being different from the other countries in the region. The study of the organization showed that the least developing countries in the sub-region such as Cambodia, Laos, Myanmar and East Timor maintained high growth rates due to the flow of foreign investment, mainly resources sector.

Each of the countries had carried their capacities for conducting diversity in economy and joining the high valued accumulation.

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