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Cambodia's investment environment revealed, helping you seize the high ground of wealth

Author: Koh Kong Zhejiang SEZ Co., Ltd Number of views: 180 times Update time:2024-04-24

New favorite of Southeast Asian investment

Cambodian investment frenzy hits

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01 Harmonious, stable and friendly investment environment

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Cambodia is a country in Southeast Asia with few US dollar settlements and free foreign exchange inflows and outflows, without foreign exchange controls or losses. Adhere to a policy of permanent neutrality and non alignment, and maintain friendly relations with most countries in the world. Cambodia has been China's most friendly neighbor since the era of Prince Norodom Sihanouk, and the two countries have a traditional, long-term, and stable neighborly and friendly relationship. Compared with ASEAN countries such as Vietnam, Indonesia, the Philippines, Malaysia, Laos, and Myanmar, Cambodia has a stable political situation, pays attention to people's livelihoods, vigorously develops the economy, and has a good social security situation.

02 Trade Status, Tariff Treatment, Unique

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This is a rare dividend highlighted by industrial transfer. Cambodia joined the WTO in 2004 and has not yet encountered trade barriers such as developed countries' "double anti" policies. 28 countries/regions including the United States, the European Union, and Japan provide Cambodia with Generalized System of Preferences (GSP) treatment.

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03 Dividends with obvious cost advantages

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The population of Cambodia in 2021 is approximately 16.9464 million, with an average age of 27 years old. The labor force accounts for 64.3% of the total population, presenting an ideal pyramid shaped population structure with sufficient labor force. The minimum wage standard for Cambodia in 2022 is 194 US dollars per month (six days a week), which is a significant advantage for labor-intensive enterprises. The demographic dividend, low labor costs, combined with most favored nation tariffs, reduced entry taxes, lower utility bills, and transportation advantages.

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