What sectors does Cambodia currently rely on to boost national economic growth?
Phnom Penh: In the context of the development of the country as well as promoting national economic growth for some time, Cambodia has always relied on the agricultural sector. An important core, but today Cambodia has gradually shifted from being completely dependent on agriculture. So in order to boost the national economy, what sector does Cambodia turn to?
Officials from the Ministry of Industry and Handicrafts confirmed that Cambodia has now moved from a country that relies entirely on agriculture to industry. Start growing high and Cambodian businessmen need to seize the opportunity in this area.
Heng Sok Kong, Secretary of State at the Ministry of Industry and Handicrafts, said at the BNI International Business Communication Conference on September 2: From 2013 until today, the growth in the industrial sector has been higher than in the agricultural sector, which means that Cambodia has left "From a country that relies entirely on agriculture to a country that relies on agro-industry."
Heng Sok Kong said: "When a country moves beyond agriculture, it means that the country has a relatively high economic growth. In particular, left the least developed countries in 2015. This is another new environment in which Cambodia does not have to rely entirely on agriculture, but has to seize every opportunity. Of the industrial sector has a high growth.
"In 2013, our industry grew by more than 20%, but the agricultural sector grew by more than 20%," he said. By 2016, it reached 29%, but this growth compared to other countries is still low. But if we look at the target set for 2025, it is only 30%. "So we are very close to the growth target set in the industry."
As Cambodia becomes an industrial dependent country, Heng Sok Kong said that Cambodia now has small and medium enterprises throughout. A total of more than 520,000 countries from small to medium and more than 1,600 large factories and provide employment to the people Cambodia has about 1.8 million people. These Cambodian small and medium enterprises have been playing an important role in driving the growth of the national economy as a whole.
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