Volume 1 |  Number 1  |   January – June 2024

Lessons in Cambodia’s Real Estate: Raw Opinion of a Practitioner

 

Kevin Lim
Chairman, Key Real Estate Co., Ltd

 

INTRODUCTION

With political stability, Cambodia has opened to the world and has become one of the fastest growing-economies in Asia, with strong record of sustained GDP growth of over 7% in the past two decades prior to the COVID-19 pandemic in 2020, driven largely by export-oriented manufacturing, tourism and real estate developments. Geographically, Cambodia is located at a very strategic location within ASEAN. It is the central hub and gateway to ASEAN member nations. So, investing in Cambodia is to target the overall ASEAN market with 670 million populations. Cambodia also joined RCEP. Such regional integration laid a good foundation for Cambodia to boost its exports further through multilateral and liberalized trading system. Investors may also benefit from the bilateral Free Trade Agreements established between Cambodia and China and other ASEAN/RECEP member nations.

 

Read full text

Cite this article with   Scribbr   or   QuillBot

Except where otherwise noted, publication materials in CamEd Business Review are licensed under CC BY 4.0