Cambodia - Open Policies and Stable Environment
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2025-06-17
Cambodia - Open Policies and Stable Environment
The economic outlook for Cambodia is promising, with a significant increase in foreign investment recently. In 2024, Cambodia approved 414 investment projects, with a total investment amounting to 6.9 billion USD, a year-on-year increase of 40%. This data reflects a strong growth in international trade, with the total trade volume reaching 54.74 billion USD in 2024, an increase of 16%. Since joining ASEAN in 1999, Cambodia's average annual GDP growth rate has reached 7%, and it is expected to reach 6.3% by 2025.The government's open trade and investment policies have made Cambodia a popular destination for foreign investment and are committed to creating a safe and efficient business environment. Additionally, Cambodia is enhancing infrastructure development, promoting highways and modern logistics centers to improve competitiveness. As a member of the WTO, Cambodia is actively advancing free trade agreements to expand international markets and further boost foreign investment confidence.