Are you searching for reliable information about investments in Cambodia? And you’re not sure what info you trust to make decisions on your investments? You come to the right place.
Cambodia offers a vast range of investment incentives to investors; the country is at the heart of one of the world’s most attractive destinations.
Here’re top 7 reasons and facts that you should invest in Cambodia:
1. Political Stability
Cambodia’s democratic administration is proactive in creating new trade and investment relationships with foreign governments throughout the world. Following the elections in 2013, the newly appointed government has launched an ambitious reform program and is continuing to improve the investment environment.
Related: Cambodia ranks first as the most friendly country in the world
2. Economic Growth And Stability – An Outstanding Economic Performance
Over the past decade, Cambodia has opened up its economy to master new challenges and opportunities as they present themselves in the 21st Century. To better compete in the global market, the Royal Government of Cambodia has liberalized export policies & licensing and implemented tax reforms providing various incentives to investors. The country has achieved one of the highest growth rates in the world and expects similar rates for the years to come.
GDP growth averaged 8% during the last 10 years
Stable exchange rate
Debt to GDP ratio 32.8% (at the end of 2013)
Low budget deficit
International reserves increased to US$ 4.1 billion (2013)
3. A Strategic Location At The Heart Of The Greater Mekong Sub-Region
Location is everything. Cambodia lies between Thailand and Vietnam in mainland Southeast Asia, with a smaller stretch of the northern border adjoining Laos. The most central region culturally and economically is the lowland floodplain of the Mekong River and Tonle Sap Lake. Cambodia is strategically located in the center of the east-west corridor of the Greater Mekong Sub-region (GMS), providing access to key world markets. Regional infrastructure projects such as rail, road and air links between Cambodia, the region, and the world are currently being expanded, the existing infrastructure is being upgraded throughout the country’s key routes.
Related: Why invest in Cambodia now?
4. A Young And Cost Effective Workforce
With over 300,000 new entrants to Cambodia’s labor force each year, the Kingdom provides a cost-effective staffing solution as well as opportunities to develop a skilled workforce to suit the specific needs of your venture.
5. Land Title & Ownership – 50-Year Renewable Lease
Location is always a key factor in any business development, long-term, transferable leasing provides security for your investment.
6. The People
Cambodian people are friendly, respectful, approachable, and helpful. Visitors to Cambodia will agree that it is the people who make this country so special. With smiles aplenty, an abundance of generosity and kindness that warms the heart, Cambodians’ gentle nature keeps travelers wanting to come back for more.
Related: 6 Reasons Cambodia is Best in the Region for Foreign Investments
7. Culture & Religion
Cambodia is predominantly Buddhist with 80% of the population being Theravada Buddhist, 1% Christian and the majority of the remaining population follow Islam, atheism, or animism. Theravada Buddhism has been the Cambodian state religion since the 13th century CE (excepting the Khmer Rouge period), and is currently estimated to be the faith of 90% of the population.
Here’s the key summary of competitive advantages on investments in Cambodia:
- Macroeconomic stability
- A pro-business government
- Competitive investment incentives
- One-stop service investment promotion agency
- Preferential access to regional & world markets
- Investment protection agreements with key markets
- Efficient infrastructure and strategic location
- A sound financial sector
- Abundant resources
- A young an motivated workforce
What are you waiting for? Invest in Cambodia now!
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