Tourism Indochina: Cambodia’s tourism growth to reach 20%

June 8, 2012 - PRLog -- Association of Southeast Asian Nations (ASEAN) is a geo-political and economic organization of ten countries located in Southeast Asia, which was formed on 8 August 1967 by Indonesia, Malaysia, the Philippines, Singapore and Thailand. Since then, membership has expanded to include Brunei, Burma (Myanmar), Cambodia, Laos, and Vietnam. Its aims include accelerating economic growth, social progress, cultural development among its members, protection of regional peace and stability, and opportunities for member countries to discuss differences peacefully.

ASEAN covers a land area of 4.46 million km², which is 3% of the total land area of Earth, and has a population of approximately 600 million people, which is 8.8% of the world's population. The sea area of ASEAN is about three times larger than its land counterpart. In 2010, its combined nominal GDP had grown to US$1.8 trillion. If ASEAN were a single entity, it would rank as the ninth largest economy in the world, behind the United States, China, Japan, Germany, France, Brazil, the United Kingdom, and Italy.

Cambodia’s tourism growth to reach 20%

Cambodia's Ministry of Tourism is projecting sizeable growth for the industry this year, according to Director General Tith Chantha.

Pointing to the about 28 per cent year-on-year increase in visitors in January, he said the ministry has estimated the rest of 2012 would enjoy a similar upward trend.

“The jump [in January] will lead our total for the year to increase at least 20 per cent,” he said.

Tith Chantha credited the rising figure to greater flight connections with ASEAN countries.

However, Ho Vandy, co-chair of the Government-Private Sector Working Group on Tourism, said any number of factors could affect the Kingdom’s tourism industry, not the least of was economic troubles in Europe, and as a result there was no guarantee the ministry’s target would be reached.

“It could be wrong or right because many issues are occurring now,” he said.

Source: PPPost

More resources about Indochina tours and Cambodia Rice Exporter:

Cambodia tours: http://www.tourismindochina.com/cambodia/tours/
Vietnam tours: http://www.tourismindochina.com/vietnam/tours/
Laos tours: http://www.tourismindochina.com/laos/tours/
More details about Cambodia Rice Export: http://www.cambodiaorganic.com/