The industrial sector, mainly garments, shoes and travel goods, as well as construction, was projected to grow at 7.9 per cent this year, according to the report.
Cambodia’s economy is projected to grow at 6 per cent in 2024 due to slower-than-expected growth in some sectors, a report by the economy and finance ministry said.
The industrial sector was projected to grow at 7.9 per cent this year.
In the first half, garment exports increased by 16.9 per cent, while its imports by volume increased by 29.8 per cent.
In the first half (H1) this year, garment exports increased by 16.9 per cent, while its imports by volume increased by 29.8 per cent, the report noted.
Construction is expected to recover at a slow pace of 1.1 per cent, as real estate is projected to grow at 1.2 per cent, domestic media outlets cited the report as saying.
Fibre2Fashion News Desk (DS)
