Investment Opportunities in Cambodia | Growing Economy

Cambodia has undergone dramatic changes in the last ten years. The country has completed the transition from a centrally planned to a market economy, from a one-party state to a democratic system of governance, and from war and conflict to sustainable peace. To reconstruct the war-ravaged economy, a partnership has been forged between government, the private sector and civil society, with assistance from the international community. Relationships between the government, donors and civil society have significantly strengthened through regular meetings and dialogues of reform working groups. Furthermore, labour costs remain competitive, while productivity is on the increase.

The past elections herald a new era of peace, democracy, respect of human rights and local development. After years of war and isolation, Cambodia has now become a full-pledge member of regional and world community, thus enabling us to mobilise and make an effective and sustainable use of full potential of resources for rehabilitation, reconstruction of the nation, and regional and international integration.

Cambodia is now a member of most international organisations like ASEAN and WTO. The Royal Government also achieved historical success in the organisation of the Greater Mekong Sub-region (GMS) Summit, the ASEAN Summit, the ASEAN plus China Summit, the ASEAN plus Japan Summit, the ASEAN plus Republic of Korea Summit, the ASEAN plus India Summit, and the Special Meeting between ASEAN and the African Union and many others.

The country's economy has rapidly recovered, boosted by rapid growth in garments and tourism. Cambodia has also entered into strategic partnerships with bilateral and multilateral donor agencies, enabling the mobilisation of significant resources for reconstruction of physical infrastructure and institutions destroyed during the decades of war and upheaval.  Despite the severe slowdown in the global economy, since 1999 the Cambodian economy has remained dynamic relative to most Asian economies. Cambodia's GDP growth shows the positive sign of development and improvement in various sectors. Garments exports increased and Construction also increased due to the acceleration of the government's infrastructure program.

Tourism continues to be at the forefront of Cambodia's economy. Investment in the Hotel industry and international tourist arrivals increased as of previous years.  This growth was boosted by Cambodia's "open skies" policy in air transport which enabled direct flights to Cambodia.

To encourage tourists to spend more time and money in Cambodia, the Royal Government has implemented actions to ease travel and entry: streamlined issuance of visas, especially for ASEAN citizens, strengthened security for tourists, and new services and recreation areas. 

All these and more shows that there are huge potential opportunities for investing in Cambodia.

Welcome to Cambodia and explore the possibilities!