Cambodia eyes key role in electronics and auto hubs in South-East Asia

RMA (Cambodia) Plc plans to set up a $21 million motor vehicle assembly plant for Ford in Pursat province. - Phnom Penh Post/ANN

PHNOM PENH, May 7 (Phnom Penh Post/ANN): Two roadmaps, part of the LDC’s economic diversification plan, were designed to see it through its migration process, but experts say the journey might be arduous, particularly in the presence of two established hubs in the region

By 2028, Cambodia hopes to have exited the least developed country (LDC) status and be on its way to achieving upper middle income status, which is planned for 2030, and a high income nation by 2050.