Cambodia Compares Favorably to Neighbours for Investment
AKP Phnom Penh, February 14, 2020 —
A new study by the World Economic Forum has found that Cambodia compares favorably to its neighbours in terms of investment facilitation.
The findings are based on 41 interviews with senior policymakers, business executives and associations, research institutes and civil society.
“Overall, firms reported a very friendly investment climate and business environment, comparing Cambodia favorably to its regional neighbours,” the study found.
“At the same time, challenges still remain, and a number of measures identified as potentially useful were recurrent across interviews.”
“In addition, some measures were identified as likely to have significant development impact, such as through job creation, skills formation, and more.”
The study on sustainable investment in Cambodia, dated Feb. 5, represents the final report of a project launched by the forum last year in collaboration with the Council for the Development of Cambodia (CDC).
The study was supported by the Singapore-based Grow Asia partnership of farmers, governments, the private sector, civil society and other stakeholders in Southeast Asia.
Denmark and the Netherlands provided financial support to the study by the forum, an international organisation for public-private cooperation based in Switzerland.
By Sao Da