Why doing business in Cambodia

Summarize favorable factors

-The Great Mekong Sub-region is one of the fast-growing sub-regions in the world.

-Cambodia has sustained rapid growth over the past few years.

-Liberal forign ownership laws, low taxes, favorable trade and investment privileges.

-Favorable demographics, youthful population, inexpensive labor force.

-Under-utilized land, water, and natural resources (significant potential for oil and gas, minerals agricultural commodities, food processing, bio-fuels, light manufacturing, hydropower, tourism etc.)

-Increasingly stable political structure and outlook, consistent investment policies.

-Opportunity to inexpensively access and build Cambodia’s future “blue chips” ahead of frontier stock market.

-Close foreign relations: Cambodia is a member of the United Nations, the World Bank, the international Monetary Fund-IMF, the ASEAN, and jioned the World Trade Organization (WTO) on October 13, 2004

-Cambodia has favorable agricultural and strong textile sectors, developed human resources and vast human capital, plus Asean’s coming economic integration in 2015 as reasons for the expected growth.

-World Band estimated Cambodia’s economy in 2011 will grow by 6.5%, climbing to 6.8% in 2012; while Boomberg said Cambodia’s economy is set to expand by at least 8% this year as an increase in tourist arrivals and rice exports offsets higher energy and commodity prices.

-According to the Phnom Penh Post, the country’s annual gross domestic product growth should reach 7% to 8%.

-Sustainable political situation and open sky economy policy as a one of great factors for business growth

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