Opportunities in Cambodia – APPLY NOW!

Cambodia is emerging as a key investment destination with more than 80% of its production being exported, as well as having a promising consumer market. Its economy is growing at an estimated 7.1% p.a. with GDP per capita of USD 1,090 and annual inflation at 3.2%.

Cambodia has a population of 15.3 million and its currency is the Riel.

Bangkok Bank

Our branch in Phnom Penh offers a full range of banking services, backed by local expertise and knowledge.

Opportunities

Cambodia’s economy has been growing steadily at around 7.1% for several years and strong growth is expected for the foreseeable future. Sectors with the greatest potential include construction, tourism, real estate and garment manufacturing, as well as agribusiness, given the country’s need to process the huge amount of rice it grows.

Since the government is keen to boost domestic demand, the country has great potential as a consumer market. Infrastructure is improving all the time, as has connectivity with Thailand. There have also been great strides in areas such as maternal health, early childhood care and primary education programs in rural areas – all of which bodes well for the country’s long-term investment potential.

Challenges

As an investor in Cambodia, be prepared to invest in training to boost the skill levels of the work force. The recent introduction of a new minimum wage in the sizable garment manufacturing sector has further highlighted the need to improve labor productivity, which has been falling over the past several years.

Tips for investing and doing business

Cambodia’s government actively encourages foreign investment, with no limits on shareholding or capital controls, or fund transfers out of the country. Income taxes are low and there are import and export tax exemptions. In addition, investors can enjoy 100% ownership of their Cambodian companies. We can help investors make the most of these opportunities.

To find out more about these exciting opportunities, please contact:

Miss Yiamsri Ubonpong, Branch Manager, Cambodia Branch

Tel: (855) 23 224 404-9

E-mail: bblcambodia@bangkokbank.com

Note: Information up-to-date as of October 2017