Ten countries, one center

China is Cambodia’s second largest tourist destination, second only to Vietnam. In the first 10 months of 2018, the number of tourists reached 4.3 million. Cambodia has allowed Chinese tourists to use RMB directly in Cambodia and plans to attract 2 million tourists to Cambodia by 2020.

Geographical location

Cambodia, formerly known as the Khmer, is located on the southwest of the Indochina Peninsula, fringing the Gulf of Siam on the southwest, surrounded by Vietnam on the southeast, bordering Thailand on the northwest, and bordering Laos on the north.

181,035 square
meters

Land area

16 million
people

National population (approx.)/predominantly Khmer

375 square
meters

The total area of capital Phnom Penh

3 million

Total population of capital Phnom Penh (approx.)

Cambodia’s current economic status

  • AgricultureIt used to be the world’s fifth largest exporter of rice.
  • MineralIt has oil reserves of 3 billion barrels, permitting continuous mining to support Cambodia’s economy for 30 years!
  • Cash crops It is the ninth largest rubber producer in the world, producing an annual output of 40,000 tons of rubber.
  • Real estateThe key investment countries include China, Japan, Korea, Singapore, etc., which continue to invest in large construction projects.
  • Tourism In 2019, the number of foreign tourists reached 6.61 million, and tourism revenue reached 4.919 billion US dollars, up 12.4 percent year on year
  • Textile and garment industry Cambodia surpasses Vietnam as the fifth largest exporter to the EU.

The GDP growth rate (%) of Asian countries:

  Cambodia China Taiwan Japan Malaysia Singapore Thailand
2017 7 6.8 1.9 2.5 5.4 2.8 3.9
2016 7 6.7 1.5 1.0 4.2 2.0 3.28
2015 7.3 6.5 0.75 -1.4 4.8 2.1 3.02
2014 7.0 7.4 3.7 -0.1 6.0 2.9 0.98
2013 7.4 7.7 2.2 1.6 4.7 4.4 2.69
2012 7.3 7.7 1.5 1.4 5.6 2.5 7.21
2011 7.1 9.3 4.2 -0.5 5.1 6.1 0.84
2018 Q4 forecast: Cambodia’s GDP has continued to surge in 2019.

The growth rate is impressive, leading the neighboring countries.

  • The GDP has grown more than 7% for five consecutive years.
  • It is one of the most open countries in Southeast Asia’s economic policy.
  • More than 31 countries, including Europe, the United States, Japan, etc. have provided preferential tariffs to Cambodia.
  • The International Monetary Fund (IMF) and the World Bank have reduced the debt management capacity of the Cambodian Government to low risk.

Investment environment

  • US dollar-denominated transaction & stable currency
  • World factory has escalated the demographic dividend
  • Openness policy has attracted large foreign investments
  • A large influx of foreign companys has resulted in short supply in rental housing
  • Free economy & no foreign exchange control
  • Foreigners can own property rights from 2nd floor of buildings onwards
  • The national laws guarantee permanent property rights
  • Foreign investments are welcome to own 100% shareholding
  • Low property taxes & no luxury tax
  • Low base period & amazing growth space