1. Local of country
is a country located in the southern portion of the Indochina peninsula in Southeast Asia. It is 181,035 square
kilometres (69,898 square miles) in area, bordered by Thailand to the northwest, Laos to the northeast, Vietnam to the east and the Gulf of Thailand to the southwest.
2.GDP
The Gross Domestic Product (GDP) in Cambodia was worth 27.09
billion US dollars in 2019, according to official data from the World Bank and
projections from Trading Economics. The GDP value of Cambodia represents 0.02
percent of the world economy.
3.Rising Land Price
Despite the absence of official property price statistics,
land prices in the country were estimated to have been rising recently. In Phnom Penh, Cambodia’s capital, land
prices rose by an average of 15% during the first half of 2013 from the same
period a year earlier, to US$2,350 per square meter (sq. m.), according to
local real estate experts.
4. Dollarized Economy
Over the past decade, Cambodia has become Asia's most dollarized economy. ... A strong inward flow of dollars related to garments sector exports, tourism receipts, foreign direct investment, and aid, has benefitted the dollar based urban economy. The riel based rural economy has, however, lagged behind
5.Improve Transportation
Ministry of Public
Works and Transport. Workshop on Strengthening Transport Operational Connectivity among Cambodia, ... improved in the last 6 years.
6. Laboring
Cambodia has the highest labor force participation rate in the Southeast Asia/Pacific region, with 82.7 percent of the working population aged 16-64 employed or seeking employment. Cambodia's working-age population is growing faster than its total population – 2.4 percent compared to 1.9 percent over 2007–2015.
7.Improve trade integration
ADB Working Paper Series on Regional Economic Integration ... Keywords: Cambodia, trade policy, ASEAN, globalization, weak institutions. ... continuous supply-side investments are needed to improve education and create more efficient.
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