The Royal Cambodian Government has lifted the travel restrictions from foreign investors. The investors can come to Cambodia without spending time in quarantine. The Government has always thought ahead about prevention procedures and tools against new variants so that the economic activities can move with their pace.
Cambodia GDP is expected to be 4 percent in 2022 compared to 2.5 percent in 2021, according to World Bank.
One of the greatest business opportunities is in agriculture sector as it’s the top four GDP contributors and Cambodia has 75 percent of the population lives in rural areas.
China is one of the biggest markets for Cambodian agricultural products to be exported to. It is a huge market for various products, such as mangoes, variety of fish, longan, and so on are planned to be exported in 2022.
Many businesses in various industries are on demands for 2022. To call a few:
- Real Estate
- Healthcare Services
- Tourism Facilities and Infrastructure
- Garment
- Transports and Logistics
- Engineering and Construction Services
- Agro-Processing
- Foods and Beverages including Franchises
- Medical Equipment, Medical Supplies, and Pharmaceuticals
Young population is a uniqueness of any economy and Cambodia has that. Also, there are many other investment incentives, such as low corporate tax rate and special trades within ASEAN Community.
MRTS Consulting provides market research services to assist foreign investors exploring opportunities in this unique market.
Please contact us now to discuss further via: vuthy@mrtsconsulting.com