Cambodia investment climate statement 2015

Cambodia has experienced rapid economic growth over the last decade. Cambodian gross domestic product (GDP) grew at an average annual rate of over eight percent between 2000 and 2010 and over seven percent since 2011. The tourism, garment, construction & real estate, and agriculture sectors accounted for the bulk of growth. The percentage of the population living in poverty also decreased to approximately 17.7 percent in 2012, the latest figures available. GDP per capita increased to an estimated USD 1,130 in 2014. Cambodia has an open and liberal foreign investment regime with relatively pro-investor legal and policy framework. Investment incentives available to foreign investors include 100 percent foreign ownership of companies, corporate tax holidays of up to eight years, a 20 percent corporate tax rate after the incentive period ends, duty-free import of capital goods, and no restrictions on capital repatriation.Prepared for the State department by the US Embassy in Cambodia.

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Additional Info

Field Value
Document type Reports, journal articles, and research papers (including theses and dissertations)
Language of document
  • English
Topics
  • Economy and commerce
  • Foreign investors
  • Investment
  • Public land lease
Geographic area (spatial range)
  • Cambodia
Copyright Yes
Access and use constraints

Unless a copyright is indicated, information on State Department websites is in the public domain and may be copied and distributed without permission. Citation of the U.S. State Department as source of the information is appreciated. http://www.state.gov/misc/87529.htm#copyright

Version / Edition 1
License unspecified
Contact

David Myers, Economic Officer • No. 1, Street 96, Sangkat Wat Phnom, Phnom Penh, Cambodia • Phone: (855) 23 – 728 401 • Email: CamInvestment@state.gov

Author (corporate) U.S. State Department
Publisher U.S. State Department
Publication date 2015
Pagination 23p.
Keywords climate investment
Date uploaded July 15, 2015, 05:03 (UTC)
Date modified March 2, 2018, 06:46 (UTC)