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Kampuchea Is Likely To Become A "New Emerging Market".

2016/10/23 20:59:00 42

KampucheaNew Emerging MarketsFinancial Assistance

Kampuchea has adopted loose capital and tax management policies in international trade, and without foreign exchange control, has become an international capital flow platform after Dubai and Singapore.

Now, remove textiles,

Shoemaking

As a traditional light industry, real estate investment has become the top priority in the development of various industries in Kampuchea.

The real estate investment fever comes mainly from China, Singapore and South Korea, and this year's investment boom will continue.

In the next 10 years, the economic growth of BRICs has slowed down over the past 10 years.

New emerging markets

"(new new emerging market), and Kampuchea is undoubtedly one of them.

Tourism is Kampuchea's economic pillar, but the government does not spend too much budget on infrastructure, and relies on foreign financial assistance.

However, it is unthinkable that in recent years, Kampuchea's economic growth has increased by leaps and bounds, and its gross domestic product (GDP) has increased by 7%.

The latest report released by the world bank predicts that Kampuchea's economy will grow by 7% this year and 6.9% next year.

According to the World Bank report, despite the general decline in commodity prices, Kampuchea's agricultural output has not improved and the number of inbound tourists has declined, but the garment processing industry still performs well and will contribute 2% to economic growth.

In addition, the Asian Development Bank has released the latest Asian Development Outlook report, predicting that Kampuchea's economy will maintain strong growth in the next two years, with a growth rate of 7% and 7.1% respectively.

2017 the world economic forum will be held in Kampuchea.

ASEAN economies

The important position, especially the booming development of Phnom Penh in Kampuchea's capital, has attracted the funds from all over the world to develop. Phnom Penh has become the most important mosaic of international portfolio.


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