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XINHUA – Cambodia is expected to see a 6.6-per-cent rise in its economy in 2024 from 5.6 per cent in 2023, the country’s Prime Minister Hun Manet said.

The Southeast Asian country’s growth is mainly driven by garment export, tourism, agriculture, as well as construction and real estate.

“Over decades, Cambodia has undergone a remarkable transformation, evolving into a modern and globally integrated economy,” he said in a speech during the opening ceremony of a one-day Cambodia-ASEAN Business Summit.

“Our growth is projected to return to the pre-pandemic level of seven per cent by 2028, signalling a promising economic future,” he added. Hun Manet said Cambodia’s strategic membership in key regional and global trade agreements positions it as a highly integrated player within the dynamic global market.

“Made-in-Cambodia products, encompassing garments and bicycles, are now recognised worldwide for their quality and competitive pricing,” he said. “This signifies Cambodia’s growing presence in the global marketplace.”

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