Financial Times FT.com

Stability boosts Cambodia’s outlook

By Amy Kazmin

Published: March 21 2007 16:13 | Last updated: March 21 2007 16:13

Cambodia, a country recovering from decades of war and a genocide that wiped out a quarter of the population, including most of its urban middle class, is enjoying an unexpected economic flourishing.

Its economy grew by more than 10 per cent last year propelled by strong garments imports, surging tourism receipts, a construction boom and improved agricultural production. Growth has already averaged more than 8 per cent so far this decade.

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