The tourism and export sectors will continue to be the main growth drivers of the economy this year thanks to strong fundamentals of the global economy. 

Exports of goods are projected to expand at 5 per cent YOY and and the number of tourists at 8 per cent. 

Sustained growth in exports has led to an increase in capacity utilisation, lending support to private investment. 

Moreover, private investment has an additional stimulus from the government’s infrastructure investment, particularly following the greater clarity in the Eastern Economic Corridor (EEC) project. 

This project has high potential to attract both domestic and foreign investment. 

In addition, concern over shortage of migrant labour has subsided after the government postponed enforcement of new regulations on undocumented foreign workers and eased terms of punishment.

Source: http://www.nationmultimedia.com/detail/Economy/30342267