Investing in Cambodia
The government has solved many problems related to the business and investment climate in Cambodia such as the reimbursement of value-added tax for exported goods, extension of tax holidays for garment factories, requirements for bank licensing, and the extension of accommodation tax exemption for the tourism industry. However, the main challenge the country will face over the next 10 years is the reduction of corruption and the strengthening of good governance at central and provincial levels.
Government priority is to increase access to international markets by integrating the Cambodian economy into the regional and world economy; rehabilitate and develop roads, airports, ports and other infrastructure including water supply, electricity distribution and telecommunication networks; and strengthen the legal framework, institutional capacity, investment and business facilitation.
These developments will enable the government to better exploit the potential of Cambodia's prime investment sectors which include: agriculture, agro-industries, minerals, processing, manufacturing, service, tourism and labour-intensive industries.
Government priority is to increase access to international markets by integrating the Cambodian economy into the regional and world economy; rehabilitate and develop roads, airports, ports and other infrastructure including water supply, electricity distribution and telecommunication networks; and strengthen the legal framework, institutional capacity, investment and business facilitation.
These developments will enable the government to better exploit the potential of Cambodia's prime investment sectors which include: agriculture, agro-industries, minerals, processing, manufacturing, service, tourism and labour-intensive industries.
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Source: http://www.investincambodia.com/investing/investing.htm
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