According to World Bank, The Kingdom of Cambodia will enjoy a robust economic growth in 2016 of more than 7%, thanks in no small part to the recent growth in tourism sector.
Prime Minister of Cambodia-Academician Samdech HUN SEN had opted for a development based on tourism growth and obtained an incredible success as the Kingdom was elected as WORLD BEST TOURIST DESTINATION FOR 2016 and obtained a 6,9% growth according to World Bank.
The arrivals in the Kingdom are at a historic high in 2016.
In 2015 the numbers of tourists and investment has slow down, but in 2016 as the country was elected WORLD BEST TOURIST DESTINATION and H.E. Prime Minister of Cambodia – Samdech HUN SEN declared tourism as a priority, the situation has significantly turn around of staggering 26% increase in the numbers of tourism entering the country.
Radical tourism growth after the Kingdom of Cambodia was officialy recognised as WORLD BEST TOURIST DESTINATION FOR 2016
Phnom Penh arrivals, after the country was elected as FAVORITE CULTURAL DESTINATION, grow by 7% and Siem Reap arrivals where up by 11% after the previous month.
The challenges ahead are still there as the country needs to attract more airlines for direct flights in order to transform Cambodia from a seasonal destination to an all year/ all seasons destination.