Cambodian gov’t predicts V-shaped recovery in coming time

The Cambodian government is optimistic that the nation’s economy will see V-shaped growth in the wake of the COVID-19 pandemic, in contrast to the U-shaped scenario projected by economic experts.

The Khmer Times newspaper quoted the government’s spokesman Phay Siphan at a news conference held last week as saying that there will be a boom in the tourism industry when people are once again allowed to travel, adding that foreign tourists will flock to Cambodia in return for kindness in the case of MS Westerdam cruise ship.

Phay said he has based his forecast on Cambodia’s decision to allow the cruise ship to dock in Sihanoukville in February.

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