By Prak Chan Thul
Reuters
PHNOM PENH, Dec 28 - Cambodia's economy grew 5 percent this year thanks in large part to a recovery in garment exports, a deputy prime minister said on Tuesday, and an industry official forecast further growth in garment shipments in 2011.
"Our economy grew more than 5 percent in 2010 due to more exports of garments and the increase in tourists, following GDP growth of 0.1 percent in 2009," Deputy Prime Minister Yim Chhay Ly said at a ceremony at the Rural Development Ministry.
The contruction sector was still in the doldrums, however. It contracted 42 percent in 2009 and Yim Chhay Ly said it had still not recovered, citing delays to big projects in the capital, Phnom Penh.
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