Growth Prospects Improve

January 2006
Asia Monitor: South East Asia Monitor Volume 1;Jan2006, Vol. 17 Issue 1, p6
Country Report
Country Report
The article discusses the economic conditions of Cambodia. Cambodia's economic prospects are improving. At the start of 2005, it seemed as though the economy was heading for a hard time. The textile export sector, which had been the country's main driver of growth, was expected to struggle following the expiry of the Multi-Fibre Arrangement. Tourism and construction remain key sources of much of Cambodia's non-garment growth. Visitor arrivals grew by 41% in 2004, and are expected to enjoy strong growth in 2005. However, Cambodia needs to do more to make growth more sustainable.


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