Is Cambodia a Good Country to Invest in?
Real Estate Cambodia is a rapidly changing society that offers many opportunities for the discerning investor. Although further progress is needed in legal and judicial reform, foreign investors are convinced of the royal government's commitment to the reform process. The country's commitment to a market economy is much stronger, as enshrined in the constitution. We look forward to fruitful ongoing negotiations with Royal Government officials at IBC, aimed at further improving the investment climate.
is a move by Eurochem Cambodia. It aims to provide reliable
guidelines for European corporations seeking expansion in Cambodia.
The country has experienced two
decades of rapid economic growth, driven by rising exports and rising domestic
consumption.
Eurochem's goals are to promote
business opportunities in Cambodia, to promote partnerships between Cambodian
and European organizations, and to increase the flow of trade and investment.
Cambodia is one of the best growing
countries in the world. Despite the COVID-19, this rapid growth is expected to
be largely sustained. Investing in Cambodia provides practical information to
help businesses grow in this great market.
6 Reasons Why Cambodia is a Good Country to Investment
Preface
Foreign direct investment has been
recognized as a major potential partner in growth and development. It can
access capital, technology, management information and new markets. Compared to
other types of capital flows, it is also more stable with a long-term
commitment to the host economy. An investment guide for Cambodia is the seventh
concrete product of the collaboration between the United Nations Conference on
Trade and Development (UNCTAD) and the International Chamber of Commerce (ICC).
It aims to bring together two parties with complementary interests: companies
looking for new locations and countries looking for new investors.
This is not always a straightforward
exercise, as firms are driven by their global strategies as much as they are
greedy for specific opportunities, and countries have economic and social goals
that attract foreign investment. The guides themselves are the product of a
dialogue, including between business and government representatives, and during
workshops that precede the completion of the guides.
It is our hope that the guides in
turn will contribute to the negotiations, helping to strengthen and sustain it,
as we believe that in the long run it will only create the conditions for
faster investment flows.
Location
In 1999, Cambodia became a member of
the Association of Southeast Asian Nations (ASEAN), comprising 10 countries
with a total population of about 50,550 million and a GDP of less than 600 600
billion.
The China ASEAN Free Trade Area
(CAFTA), to be implemented in 2010, will create a trade block of 1.7 billion
people. No one can be smaller than the ongoing dialogue between India and
ASEAN. In addition, as an LDC, Cambodia has preferential access to some of the
world's richest companies for a variety of best products.
Note to the Reader
This booklet is published as part of
the UNCTAD - ICC Series Investment Guides. The publications in this series are
for the use of foreign investors who are largely unfamiliar with the countries
covered. Thus, they are designed to provide an overview of potential investment
opportunities, rather than creating a complete reference work or providing
detailed practical instructions. However, they point to more sources of
information in the private and public sectors. There are two other features of
these publications that will be of interest to readers. One is that they are
third party documents, intended to provide a balanced and objective account of
investment conditions.
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