Four key areas that make Cambodia a regional economic strong
Cambodia has been nicknamed the "New Asian Economic Strong" by the Asian Development Bank (ADB) due to its growth in Southeast Asia. The economy has been high, stable and fast for many years.
Cambodia has four key sectors that are driving Cambodia's economic growth to become an "economic tiger" in the ASEAN region. The main sectors that are the backbone of the economy are:
.Tourism
.Agriculture
.Industry
.Construction and real estate
In addition to the above four areas, there are also other key elements that make Cambodia strong in Leading to strong economic growth in the region.
Economists say Cambodia could become an economic tiger in Asean. This assertion is due to the fact that the experts see that Cambodia has tightened reforms in the legal system, human resource development and infrastructure. The structure and business environment are good, especially the economic growth in Cambodia is growing every year around 7% .
The growth rate is based on key factors such as political stability and a better business environment. Last year, which gave investors confidence. Disseminating information on a wide range of investment opportunities to foreign investors and ASEAN economic integration is also a good point for Cambodia.
In particular, foreign investors are seeing more openness to investment with stronger legal procedures. The previous years and the development of human resources with the core strength of young people, many of these points that make investment Many foreigners are turning to investing in Cambodia.
However, despite all these positives, economists still have some concerns. On regional environmental economic factors, political factors and global economic environmental factors as well.
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