Cambodian per capita GDP to reach 1,200 USD in 2015: PM

Jun 9th at 16:48
09-06-2012 16:48:46+07:00

Cambodian per capita GDP to reach 1,200 USD in 2015: PM

Cambodia's per capita GDP (Gross Domestic Product) is forecast to hit 1,200 U.S. dollars in 2015, up from 909 U.S. dollars last year, the Prime Minister Hun Sen said Thursday.

Speaking at a ground-breaking ceremony for a road construction in Banteay Meanchey province, the premier attributed the increase to the country's robust economic growth in the medium term.

Cambodia's economic growth in 2011 was 7.1 percent in equivalent to 13 billion U.S. dollars, showed the reports of the finance ministry.

The country's per capita GDP was 909 U.S. dollars last year, up 9.5 percent from 830 U.S. dollars in 2010, it said.

The Southeast Asian nation's growth is relying on garment exports, tourism, agriculture and construction.

asean china center



NEWS SAME CATEGORY

Officials say Cambodia's price rises manageable

A vendor sells pork at O'Russey market in Phnom Penh yesterday. Pork prices have increased by more than 19 per cent compared to last year. Photograph: Vireak...

More Chinese firms weigh local investment

Six companies from China’s Guangzhou city and Guangxi province met with Kim Sithan, Cambodia’s secretary of state at the Ministry of Commerce, yesterday to discuss...

World Bank outlook for Cambodia positive

The World Bank’s biannual report on Cambodia was largely positive given dire economic prospects in Europe, which economists agreed were closely tied to the...

UK to open investment office

The United Kingdom Trade and Investment Office would establish a perman-ent branch in Phnom Penh in the expectation that economic ties between the two countries...

Rising oil prices fuelling inflation

Rising oil prices fuelled a month-to-month inflationary increase of 5.4 per cent through February and March, according to data from the National Institute of...


MOST READ


Back To Top