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Logo of Phnom Penh Post newspaper Phnom Penh Post - Economic growth

Economic growth

The Asian Development Bank's 2001 Outlook report is predicting economic growth

of 5% in 2001, up half a percent on the flood-affected year 2000, with the growth

rate rising to 6% in 2002. Hopes for the coming year are pinned on expanded tourism,

the continued development of the garment sector and the increase in the area of land

under cultivation. The report also warns the economy will need to sustain rapid growth

in order to keep pace with a rapidly increasing labor force.

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