Cambodia’s industrial sector is projected to grow by 8.5 per cent this year compared to 7.7 per cent in 2023, according to industry, science, technology and innovation minister Hem Vanndy, who recently said the economy is projected to grow by about 6.6 per cent in 2024.
“This is due to the expected recovery of the garment sub-sector and continued strong growth in the non-garment manufacturing sub-sector, despite the projected sluggish growth of the construction sub-sector,” Vanndy was quoted as saying by a domestic news outlet.
