Public, Private Sector Air Concerns on Growth

A lack of economic diversity, faith in the banking sector and slow growth in vocational training and education topped the list of concerns among economists and investors yesterday at a meeting organized by the Asian Development Bank (ADB) and the government. … According to data released last month by the Ministry of Commerce, Cambodia’s garment sector accounted for a whooping 84.15 percent of Cambodia’s total $2.49 billion in exports in the first half of 2012. Yesterday’s workshop, attended by about 80 officials from the public and private sector, was held in an effort to shape the government’s next National Strategic Development Plan 2014-2018 as well as ADB’s Country Partnership Strategy 2014-2018, which will be released next year. …