The government has solved many problems related to the business and investment climate in Cambodia such as the reimbursement of value-added tax for exported goods, extension of tax holidays for garment factories, requirements for bank licensing, and the extension of accommodation tax exemption for the tourism industry. However, the main challenge is the strengthening of good governance at central and provincial levels.
Government priority is to increase access to international markets by integrating the Cambodian economy into the regional and world economy; rehabilitate and develop roads, airports, ports and other infrastructure including water supply, electricity distribution and telecommunication networks; and strengthen the legal framework, institutional capacity, investment and business facilitation.
These developments will enable the government to better exploit the potential of Cambodia’s prime investment sectors which include: agriculture, agro-industries, minerals, processing, manufacturing, service, tourism and labour-intensive industries.
Preah Sihanouk Province Chamber of Commerce
Building Number 197 Eo Sopheak Munkol Street, Quarter 2, Sihanoukville, Preah Sihanouk Province
Tel: + 855 (0)34 934 111
Government stability, track record and positive relationships with foreign administrations are always a key factor in assessing the security of long-term investment in any country. Cambodia’s democratic administration is proactive in creating new trade and investment relationships with foreign governments throughout the world.
Outstanding Economic Performance
Over the past decade, Cambodia has aggressively opened up its economy to effectively face new challenges and opportunities as they present themselves in the 21st Century. To compete in the global market, the Royal Government of Cambodia has liberalized export policies & licensing and implemented tax reforms providing various incentives to investors. Average GDP growth in the past 10 years was 8% – one of the highest growth rates in the region.
Location is everything. Cambodia is strategically located in the central corridor of the Greater Mekong Sub-region (GMS). This strategic location also provides access to Key World Markets through Trade Preferences in terms of MFN (Most Favored Nation) and GSP (General System of Preference).
Regional infrastructure projects such as rail, road and air links between Cambodia, the region and the world are built
A Young and Cost Effective Work Force
With over 200,000 new entrants to Cambodia’s labour force each year, the Kingdom provides a cost-effective staffing solution as well as opportunities to develop a skilled work force to suit the specific needs of your venture.
Land Title and Ownership – 99 Year Renewable Lease
While location is always a key factor in any business development, long-term, transferable leasing provides security for your investment.