Cambodia: Cambodian Prime Minister Samdech Moha Borvor Thipadei Hun Manet this afternoon urged all foreign investors and businessmen around the world to come to invest in Cambodia. Addressing a get-together and a solidarity dinner with world Lin entrepreneurs at Koh Pich Convention and Exhibition Centre in Phnom Penh, Samdech Thipadei Hun Manet raised some key factors that make Cambodia an attractive destination for investments.
According to Agence Kampuchea Presse, Samdech Thipadei Hun Manet emphasized the peace and stability that Cambodia offers, highlighting these as fundamental factors for investors deciding where to invest. He reassured attendees of the safety and security in Cambodia, countering recent negative news about the country’s security aspects. The Prime Minister assured that Cambodia remains a safe and stable environment for conducting business, with the security of investors, tourists, and residents being a top priority.
He pointed out that Cambodia ranks as a top emerging market for foreig
n investment in 2024, attributed to its strong GDP growth and low inflation. The country’s investment laws are liberal, offering diverse, flexible, and tailored incentives, including 100 percent foreign ownership and no restrictions on remittances of profits and capitals.
Additionally, Hun Manet highlighted Cambodia’s strategic location and trade pact opportunities, which extend beyond the local market of 17 million people to global markets through various agreements, including free trade agreements with ASEAN, Korea, China, and RCEP.
The Prime Minister also emphasized the skilled workforce in Cambodia, with a young, dynamic, and English-speaking population, 60 percent of whom are under the age of 35. He noted the comprehensive, free vocational training program for 1.5 million young people, ensuring a ready labor force for overseas businesses investing in Cambodia.
Moreover, the Prime Minister mentioned the expansion of infrastructure connectivity to enhance Cambodia’s transport network and key economic co
rridors, as well as the country’s commitment to sustainable energy and digitization.