A weak recovery to the global economic crisis in 2008 has not helped.
Cambodia's civil servants have long relied on facilitation fees, because their salaries are typically around $50 a month.
A group of young engineers say they are ready for the government to make use of their skills but are facing limited job prospects.
Cambodia exports labor to Japan, Malaysia, South Korea and Thailand especially.
In the past decade, new roads and high-rise buildings have changed the landscape of Phnom Penh.
The plan calls for an “economic corridor” linking the Greater Mekong countries and investment in urban and rural areas alike.
While welcoming the launch, economists warn that mismanagement of the bourse could also lead to economic woes.
All three companies importing rice from Cambodia have had to maintain tough standards from the US Food and Drug Administration.
Cambodian exports are expected to reach more than $1.5 billion by the end of the year.
Cambodia’s economy is lagging behind other Asean countries, making it hard to meet the level of other Asean countries.
Since the late 1980s, Mekong countries, especially China, have been looking at hydrodams as key energy sources to power economic growth.
Union leaders say the draft of the law will tighten restrictions on organized labor and create harsh punishments for unionists.