Rosier growth forecast for Cambodia, fuelled by tourism, industrial exports

Cambodia's economic growth is mainly driven by GFT export, tourism, agriculture, as well as construction and real estate. - AFP

PHNOM PENH: Cambodia's economy is forecast to grow 5.8 per cent in 2024, up from 5 per cent in the year before, fuelled by a further rebound in tourism and strong industrial export prospects, according to an Asian Development Bank's (ADB) flagship economic report released on Thursday (April 11).

The growth is projected at a higher level of 6 per cent in 2025 for the South-East Asian country.