Enterprise Singapore's deputy director for Southeast Asia (Cambodia) Yeoh Choon Jin identifies the sectors that are expected to...
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.
15.8 million (2016)
Cambodian Riel (KHR)
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.
The Cambodian Investment Board (CIB) deals with investment projects that lie out of the special economic zones.
The Cambodian Special Economic Zones Board (CSEZB) takes charge of investment projects within the special economic zones
Key producer Cambodia is expected to bear the brunt of the slowdown in the Cambodia, Laos, Myanmar and Vietnam (CLMV) economies.
As China reduces its apparel manufacturing operations, its neighbouring countries have high growth potential, said a Fitch Solutions report
Vietnam expected to weather the crisis best, while Cambodia is hit the worst
With increasing clustering taking place around existing cities, the rate of urbanisation in the Greater Mekong region, which comprises Cambodia,...