Phnom Penh (FN), Nov. 22 - Increased exports of footwear, electrical machinery, equipment and auto parts has helped Cambodia’s economy to remain robust, while easing slightly to 6.8% in 2017, compared with 7.0% in 2016, says a new World Bank report.
“Cambodia appears to be on the verge of climbing up the manufacturing value chains—from garments to electronics and auto parts – and that is a very encouraging development,” said Inguna Dobraja, World Bank Country Manager for Cambodia.
“To succeed in boosting investment and export diversification, Cambodia would need to undertake deeper structural reforms that address high electricity and logistics costs, as well as skills gaps,” she added.
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