Cambodia has a vision to become an upper-middle-income country by 2030 and a high-income economy by 2050. Nonetheless, this vision has met many distractions both domestically and internationally.
Efforts to deconcentrate centralised power structures, in the form of government-linked corporations (GLCs), and break up state monopolies are central to reinvigorating the Malaysian economy.
EU should not falter in its support to transform the country into a higher middle-income by 2030, says Ministry of Agriculture.
The Gov’t is calling on developers to submit proposals for low-cost housing projects.
The government calls on investors to prioritise affordable housing projects for low and middle-income earners.
Cambodia recently made the transition from a low income to a lower middle-income country, according to the World Bank’s rankings.