Cambodia's economy to grow by 6 per cent this year: central bank


Cambodia's construction and real estate sectors are expected to continue experiencing slower growth. - PPP

PHNOM PENH (Xinhua): Cambodia's economy is projected to grow around six per cent in 2023, up from 5.1 per cent in 2022, driven by garment exports, tourism, agriculture, and construction and real estate, according to a National Bank of Cambodia's outlook on Thursday (Jan 12).

"This projected growth rate is supported by an expected 6.9 per cent increase in the garment sector and 14.3 per cent rise in non-garment manufacturing products," the report said.

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