All Things Cambodian To Read

  Despite the devastating effects of COVID-19 on Southeast Asian economies, Cambodia remains a desirable investment destination for real estate investors due to its unique position at the crossroads of several trends. Cambodia has undergone a significant transformation since the Khmer Rouge disbanded 20 years ago. The country, which was once known for widespread poverty and civil strife, has outperformed expectations, achieving lower-middle-income status by 2015 and aiming for upper-middle-income status by the end of the decade. It has not experienced a recession in more than two decades. Cambodia is an important member of the ASEAN community and a key hub for China's Belt and Road Initiative. For several years, however, Cambodia has seen an increase in foreign investment from a variety of sources. It appears to be benefiting from a reshoring drive recently, as businesses seek to relocate or expand their operations in Southeast Asia. Cambodia not only has cheap labour, but it also