17 December 2014
The Asian
Development Bank (ADB) launched here this morning a new report on Cambodia’s
growth prospects of Diversifying beyond Garments and Tourism.
This
report highlighted both need for economic diversification and industrial
capacity upgrades, as well as further efforts to build on the country’s areas
of strength in the garment industry, tourism and agriculture. Now Cambodia
needs to focus on producing more complex and higher-value goods and services
which will allow it to capitalize on opportunities generated by the ASEAN
Economic Community (AEC).
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