15 reasons why invest in Cambodia property
- Strong GDP growth
Cambodia GDP growth rate average at 8% during the last 10 years. The highest in South East Asia and yet the property price is 2 to 10 times lower than the neighbour country.
Cambodia GDP growth
- Low inflation
- Political stability
- Prime minister has held power since 1985
- Several key ministers are also long serving and experienced
- Ruling party's decisively renewed in 2008 election
- Advantageous location
- Flanked between Thailand and Vietnam
- Midway between China and India
- Favourable investment climate
- 100% foreign ownership
- Open capital account, easy repatriation of profits
- Dollarized economy
- Minimize foreign exchange risk
- Stable monetary policy and fiscal responsibility
- Increasing trade integration
- WTO member since 2004
- ASEAN membership offers regional trade benefits
- Duty free of preferential export access to most developed economies
- Advantageous labour conditions
- Among Asia’s lowest-cost workforces
- Abundance of willing, trainable workers
- Rising literacy rate has surpassed 75%
- Improving transport connectivity
- All key road and bridge links with neighbouring countries have been or will soon be upgraded
- Railroad system is being rehabilitated
- Container sea port in Sihanoukville has been modernized and expanded
- River port in Phnom Penh is being relocated and enlarged to better access Vietnam’s new deep sea ports
- Three international airports have been opened
- Lower cost in telecoms and internet
- Hyper-competition in mobile and internet sectors has cut user costs
- New hydropower and coal-fired power plants underway will replace oil-based generation and cut energy costs
- Untapped natural resources and land
- Fertile land for production and processing of agricultural commodities
- Aquaculture and livestock farming and processing potential
- Abundant mineral deposits await mining
- Off-shore oil and gas reserves
- World-class tourism sites (beaches, islands, history, culture, nature)
- Growing domestic consumer demand
- Workforce participation, household formation, and urbanization will all show robust growth over the next decade
- Per capita GDP and purchasing power has more than doubled over the past decade and will continue to rise
- Emerging import substitution opportunities in various industries
- Under leveraged financial position
- Relatively low levels of sovereign, corporate, and consumer debt
- Well capitalized, conservative banking system
- No tradition of government bailouts and subsidies
- Low Debt to GDP ratio
- First mover advantage
- Young and inexpensive workforce
- Exceptionally youthful demographics ensures rising domestic demand (61% of Cambodians are under 25 years old; median age: 21)
- Cambodia has a “young, dynamic, and hard-working work force” with a nation-wide average age of 24.1 years, which means its labour force offers another 30 years of productivity
