Phnom Penh (FN), Oct. 10 – The World Bank, on 10 October 2019, released a report forecasting that Cambodia's economic growth in 2019 remains strong at 7 percent.
“The reported value of newly approved investment projects, which is financed by FDI and domestic funds, accelerated during the first half od 2019. Roughly 40 percent of FDI inflows comes from China,” the World Bank’s report said.
“The tourism sector remained resilient; international arrival growth accelerated to 11.2 percent in June 2019 compared to 10.7 percent in 2018, with almost 40 percent of international arrivals coming from China,” it continued.
Read the report below: