Cambodia pins economic hopes on AEC
Cambodians are expecting a ‘seamless transition’ when the ASEAN Economic Community is launched in two months and hopefully heralds a second investment wave, capable of transforming this country’s pool of unskilled labor into a manufacturing hub.
The first investment wave followed Cambodia’s ascension to the World Trade Organization in 2004 and gave this country’s hopelessly war torn and almost nonexistent economy a lift with the garment and tourism industries, and big spending on infrastructure that followed.
