Kandal Economy


Kandal Economy, Cambodia

As Kandal province is around Phnom Penh it serves as an economic belt of the capital. For instance Cambodia has become the sixth largest garment exporter in the world in 2007 (most of these factories are in Kandal province). The industry created job opportunities for about 0.5 million Cambodians and generated some 0.3 billion U.S. dollars of monthly payment for the employees. Also agricultural exports flourished in 2007, as palm oil, peanuts, rice, pepper and other rural products became ever more popular in the international markets.

Finally, luxury real estate project like the Longing Resort in Kandal province was demolished on July 31, as it expanded its land illegally and in effect constituted menace to the safety of the capital city. The Asia Development Bank put Cambodia's economic growth rate for the past year at 9.5 percent and nine percent in 2008, while the Cambodian government gave a conservative estimation of seven percent both in 2007 and 2008.

Find Out More Related Tours

Shopping In Kep

Shopping In Kep

Shopping In Kep, If you would like to shop some food, especially seafood ...

More Detail
What to see in Pailin

What to see in Pailin

What to see in Pailin, Pailin is a province in western Cambodia at the ...

More Detail
Where to Stay To Pursat

Where to Stay To Pursat

Where to Stay To Pursat, This hotel is about 200m North from the main ...

More Detail
How to get to Mundolkiri

How to get to Mundolkiri

How to get to Mundolkiri, The road from Phnom Penh to Mondulkiri are in ...

More Detail
How to Get To Battambang

How to Get To Battambang

From Phnom Penh to Battambang it's about 291km via national road number 5. ...

More Detail
Where to Stay In Sihanouk ville

Where to Stay In Sihanouk ville

Where to Stay In Sihanouk ville, There is only one deluxe hotel in ...

More Detail