Cambodia’s economic growth predicted to remain robust in 2019

Cambodia’s economy remains robust in 2019 despite concerns over the possible loss of Everything but Arms (EBA) trade scheme with the European Union (EU), Cambodian officials and analysts said.

According to Cambodian Deputy Prime Minister, and Economy and Finance Minister Aun Pornmoniroth, Cambodia’s economic growth will be likely to expand 7.1 percent this year, making the GDP (Gross Domestic Product) value increase to 26.8 billion USD.

Notably, the industrial sector is expected to grow by 10.7 percent, while the service and agriculture fields are projected to increase by 6.7 percent and 1.6 percent, respectively, he said.

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