This Handbook on Investing in Cambodia is a collaboration with Australia to help investors understand investment rules and processes.
It is also an opportunity to highlight Cambodia’s strengths as an investment destination, which include:
- Stable economic growth.
- Strategic geographical position.
- Favourable investment climate.
- Rich natural resources.
- Competitive labour market.
- Strategic trade agreements.
- Escalating infrastructure development.
- Supportive legal framework.
- Sociopolitical stability.
This handbook will help Australian and other foreign investors by demystifying essential investment rules and processes in the Kingdom, including the instrumental 2021 Law on Investment (LOI).
Its authors invite investors to capitalise on mutual trade agreements, such as the Regional Comprehensive Economic Partnership (2022), includes Australia, Cambodia, and thirteen other Indo-Pacific nations.
This handbook also serves to highlight potential investment benefits from the anticipated upgrade of the ASEAN-Australia-New Zealand Free Trade Area (AANZFTA) Agreement, set for official signing in 2023.
Australia’s forthcoming Southeast Asia Economic Strategy to 2040 will highlight additional opportunities to bolster two-way trade and investment.
The handbook recognises the transformative role of quality Australian investment in driving Cambodia’s economic expansion and diversification.
It draws on the experience and advice of existing Australian investors in Cambodia.
Their reflections, and the lessons they have learnt, may also be of use to investors from other countries.
This handbook is intended to help unlock the gateway to more foreign investment opportunities in Cambodia, including for Australian enterprises.
To download the handbook, please click Investing in Cambodia 2023
Other investing reading:
- 2022 property market
- Belt and Road Initiative (BRI) in SE Asia
- BRI initiatives
- An overview of Spatial Policy
- Investment climate statements
- Why Cambodia is best for foreign investment.
Effects of COVID in 2023: A review and look forward
An in-depth look into the effects of COVID on Cambodia in 2023, offering a review and look forward on society, public health, and economy.
COVID-19 steered the world into uncharted waters, with every country fighting its own unique battles and Cambodia was no exception.
As the pandemic continues to unfold, we’re all left wondering, “What next?”, so let’s plunge into the effects on Cambodia during that year, as well as possible scenarios and forecasts.
2023 healthcare getting better and better
Phnom Penh, the capital city of Cambodia, offers a diverse and improving healthcare system for residents and expatriates.
In this article, we will explore the healthcare options available in this growing city, including hospitals, clinics, and the overall quality of care.
Phnom Penh has experienced significant improvements in its infrastructure over the years and there are now public and private hospitals providing a range of medical services, from general consultations to specialized treatments.
Student housing in Phnom Penh
In 2015, a report in the Phnom Penh Post claimed that Phnom Penh offered little in the way of livable, safe, and quality student housing.
8 years on, the government announced a plan to build more student dormitories in the capital and provincial centres, with a special focus on encouraging females to engage in higher education.
The PM noted that while men could stay at pagodas, women had fewer options and that such an investment will provide an “inexhaustible supply of human resources”.
It is not clear what government-sponsored accommodation was constructed as there is still a need for affordable, quality options, especially for females in Phnom Penh.
The relationship between appropriate accommodation and education engagement is well known.
Studies have shown that students are more likely to graduate when they live with others because it encourages learning and engagement.
Many overseas colleges and universities have constructed their own accommodation facilities to encourage students to stay in safe, supportive, and community-driven spaces during the course of their studies.
Universities and colleges in other countries have proven that a mix of low-cost, quality housing is both positive for the students, but also that investment draws good returns on investment if done right.
Engaging residents socially, visually, academically, and physically is important for several reasons.
Not only are educational outcomes better, but residents are more likely to feel ‘at home’ and therefore spend more time there and look after the environment as if it were their own.
It is clear throughout the developed world, innovative designs attract and retain the emerging youth market and Building Design & Construction identified 9 exemplary projects in 2022 that highlight this.
