Cambodia - The Most Free Economy in the ASEAN Region
News
Media news
2025-01-14
Cambodia - The Most Free Economy in the ASEAN Region
Cambodia is regarded as one of the most free economies in the world and is the first country in the ASEAN region to open nearly all sectors to foreign investors. During the recent 2024 ASEAN Business and Investment Summit, the emphasis was placed on the rights of foreign investors to freely invest in various industries, with the exception that local participation is required in land ownership.Additionally, foreign investors in Cambodia are allowed to freely repatriate their profits to their home countries, further enhancing the country's investment appeal. According to the Cambodian Investment Law, the government offers various incentives to promote the development of diverse investment projects. By streamlining the registration processes and providing comprehensive approval services, Cambodia is committed to creating a favorable investment environment to attract more foreign capital and boost economic growth