This year’s growth will be mainly contributed by garment exports,tourism, agriculture, real estate and construction, he said at theopening of the 3 rd Cambodian Industry-Handicraft Fair in Phnom Penhon March 29.
With this expected growth, Cambodiawill get out of the list of low-income and lower-middle-incomecountries at the end of this year, he noted.
TheDeputy PM added that the country's political, macroeconomic andfinancial stability as well as a transparent legal framework willattract more foreign investors to Cambodia in the years to come.
According to the World Bank, lower-middle-income countries are thosewith a per-capita GDP of between 1,006 USD and 3,975 USD.
Last year, Cambodia's per-capita GDP was nearly 1,000 USD, and itis expected to rise to 1,080 USD this year, Keat Chhon said.-VNA