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

Preah Vihear Climate

Preah Vihear Climate

Preah Vihear Climate, The country has a tropical climate - warm and humid. ...

More Detail
How to get to Prey Veng

How to get to Prey Veng

How to get to Prey Veng, Prey Veng is with 90km distance to Phnom Penh not ...

More Detail
Introduction To Kep

Introduction To Kep

Introduction To Kep, Kep City is a municipality in Cambodia with the ...

More Detail
Koh Kong Geography

Koh Kong Geography

Koh Kong Geography, Koh Kong province is 11,160 square kilometres big. ...

More Detail
Where to stay in Prey Veng

Where to stay in Prey Veng

Where to stay in Prey Veng, Mittapheap Hotel: (tel: 012/997757) This hotel ...

More Detail
How to Get There In Svay Rieng

How to Get There In Svay Rieng

How to Get There In Svay Rieng, Share Taxis/Bus: Share taxis leave Phnom ...

More Detail