Business Chief APAC+ANZ Magazine November 2018 | Page 64

CENTRE OF INDUSTRIAL DEVELOPMENT
CITY FOCUS | PHNOM PENH
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T he Cambodian economy

has exhibited strong growth in the past decade . Forbes reports the nation ’ s GDP growth at “ an average annual rate of over 8 % between 2000 and 2010 and at least 7 % since 2011 ”. Central to this increasing prosperity and financial strength are the tourism , garment , construction and real estate , and agriculture sectors . Food , and its production , are at the crossroads of Cambodia ’ s growing economy and flourishing culture , which is most apparent in the capital city of Phnom Penh .
CENTRE OF INDUSTRIAL DEVELOPMENT
Located at the intersection of the Mekong and Tonlé Sap rivers , Phnom Penh has a rich culinary history , supported by the strong agricultural tradition of the surrounding deltas . This sector is set to expand once again , fueled by demand from the
NOVEMBER 2018