Cambodia saw solid growth during 2014, with GDP increasing by 7 percent. This growth is expected to trend upwards, with growth of 7.3 percent projected for 2015 and 7.5 percent for 2016, according to the Asian Development Bank. This strong performance is being largely driven by the continual expansion of the Kingdom’s key industries.
One of Cambodia’s key industries, the export of garments and footwear, reached $6 billion in 2014, an increase of 10.7 percent on the previous year. Other key industries such as light manufacturing, tourism and agriculture also experienced positive growth. In this issue, we talk to our panel of industry insiders about the progress of Cambodia’s key industries, the outlook for the future, and the impact of Special Economic Zones.
Read on to learn about the progress of Cambodia’s key industries, the outlook for the future, and the impact of Special Economic Zones.