Australian Broadcasting Corporation
Cambodia's Prime Minister Hun Sen says the country must diversify its economy by boosting energy exploration and growth in the agricultural sector.
The economy is currently dominated by the garment industry and tourism.
Hun Sen warns that an economic slowdown in the West could severely damage the country's garment industry and says Cambodia should put more effort into diversifying the economy.
The country's garment sector alone accounts for 80 percent of total export earnings, employing some 330,000 people in more than 200 factories.
The economy is currently dominated by the garment industry and tourism.
Hun Sen warns that an economic slowdown in the West could severely damage the country's garment industry and says Cambodia should put more effort into diversifying the economy.
The country's garment sector alone accounts for 80 percent of total export earnings, employing some 330,000 people in more than 200 factories.
Yes lets cut down some forrests and export some luxury woods.
ReplyDeleteIt is near election time and all of sudden Mr. Hun Sen starts having a lot of good ideas about improving Cambodian economy. Ahahhah
ReplyDeleteI wonder what happen to his rectangular strategy that design to improve Cambodian economy and produce more jobs for Cambodian people?
http://www.phnompenh.um.dk/NR/rdonlyres/FB448000-1A59-4AB9-A352-477F16525778/0/RGCRectangularStrategypassw.pdf