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Cambodia

(Kingdom of Cambodia)

Cambodia’s is one of Asia’s poorest countries, but in recent years it has become an increasingly attractive destination for out-sourcing labour intensive production, especially textiles.

As one of the poorest countries in Asia, the country is characterised by extremely low levels of education, high levels of corruption and poverty, as well as an almost total lack of infrastructure in the countryside. It’s tragic history under the Khmer Rouge, which resulted in the death of millions, has left it with a very young population, 50% of which is under 25 years of age.

Government

The kingdom is a constitutional monarchy with Norodom Sihamoni, a monarch chosen by the Royal Throne Council, as head of state. The head of government is Hun Sen, who has ruled Cambodia for over 25 years, and is currently the longest serving leader in South East Asia. Nominally a democracy, its incumbent rulers are not shy of resorting to brutality in pursuing their aims, and general violence continues to be a major security hazard.

Geography

Cambodia is located in the southern portion of the Indochina Peninsula in Southeast Asia. It is bordered by Thailand to the West and North, Laos to the Northeast and Vietnam to the East.

Business Opportunities

Opportunities for foreign business abound, including manufacturing, construction, tourism and business services.

The country also has some valuable natural resources, including natural gas, gemstones, iron ore and other minerals, but little is known about their exact quantities.

 

Population:  c 14,702, 000  
Capital City: Phnom Penh
Government: Constitutional Monarchy, Democracy
State Languages: Khmer (official) 95%, French, English, Vietnamese, other
GDP per capita (PPP): $2,100
Growth Rate:  4%-11% per annum (est)

External Links

  • http://www.moc.gov.kh/ (Kingdom of Cambodia, Ministry of Commerce). Contains an interesting section on “Trade Information” with accurate reports on “Trade Statistics”, “Business Bulletin”, and “Company Registration”.
  • http://www.eicambodia.org/ (Economic Institute of Cambodia). Extensive data on Cambodia’s economy published by government and international organizations, including economic data fom provinces and  professional categories.
  • http://www.etmcambodia.com/ (Economics Today – Cambodia Business Magazine). Free newspaper with interesting articles about the economy and politics of Cambodia.

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