Cambodia's economy expected to grow 5.3% this year: central bank governor

A garment worker buying face masks in front of a factory in Phnom Penh. The South-East Asian country's economy traditionally relies on garment, footwear and travel goods exports, construction and real estate, agriculture and tourism. - AFP

PHNOM PENH (Xinhua): Cambodia's economy is projected to grow by 5.3% this year, up from 3% in 2021, Chea Chanto, governor of the National Bank of Cambodia (NBC), said.

"The growth will be supported mainly by a rise in manufacturing exports, an increase in construction and real estate as well as agriculture, and a gradual recovery of tourism," he said in a closing speech of the central bank's biannual meeting.