Cambodia

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Cambodia is a predominantly agrarian country, with about 80 percent of the population living in rural areas. But a growing share of the population is moving to cities, thanks to the fast-growing industrial and service sectors. Exports, foreign direct investment, tourist arrivals and domestic demand should boost economic growth over the next two years, according to forecasts by the Asian Development Bank.

MAIN LANGUAGES

Khmer

POPULATION

15.8 million (2016)

LAND AREA

181,035 km²

CAPITAL

Phnom Penh

CURRENCY

Cambodian Riel (KHR)

TIME ZONE

GMT +7

EASE OF DOING BUSINESS

Ranked 135 out of 190 economies (World Bank Doing Business 2018)

The Council for the Development of Cambodia (CDC) is the highest decision-making level of the government for private and public sector investment. For private sector investment, its operational arms are the Cambodian Investment Board and the Cambodian Special Economic Zone Board. They review investment applications and grant incentives to investment projects that meet the requirements laid out in the 1994 Investment Law, which streamlined Cambodia's foreign investment regime and provided more incentives for direct private sector investment.

www.cambodiainvestment.gov.kh

The Cambodian Investment Board (CIB) deals with investment projects that lie out of the special economic zones.

www.cambodiainvestment.gov.kh | (855-23) 981 154 | cdc.cib@online.com.kh

The Cambodian Special Economic Zones Board (CSEZB) takes charge of investment projects within the special economic zones

(855-23) 992 355 | enquiry@camboidasez.gov.kh / h.sopauline@online.com.kh

Venturing into Cambodia: Useful business contacts

Planning to do business in Cambodia? Here’s our round-up of local government agencies and business chambers that may be useful.

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