International relations
Cambodia has strong diplomatic links with many countries. Its warmest relationship with a superpower is with the People's Republic of China. The most important economic ties are with China, the United States of America, Thailand and Vietnam. Cambodia is a member of the UN, ASEAN, ...
Foreign investors
Things you should know about Cambodia before investingCambodia has performed well on foreign direct investment (FDI) so far, three times better than predicted, which scored 3.6, becoming the top 25 in the world.1 The FDI reached an all-time high of 14.1% in 2012 and nearly ...
Minerals and mineral products
Minerals from Halpern Mineral Collection, San Francisco, Photo by Eric Hunt taken on October 21 2006. License under: CC BY-NC-ND 2.0Many of Cambodia’s mineral resources are undeveloped, with most production concentrating on construction materials such as crushed stone, sand, gravel and limestone.57There is currently no ...
Garments and textiles
The garment industry has rooted in Cambodia earlier than the footwear industry. As a result of trade privileges given by the U.S. and EU, both industries have blossomed. As of 2013, the garment and footwear industries were accountable for about 80 percent of Cambodia’s total ...
Ministry of Foreign Affairs and International Cooperation
Ministry of Foreign Affairs and International Cooperation. Photo taken from the ministry’s Facebook Page, taken on 23 August 2023.EstablishmentUnder Royal Decree No. NS/RKM/0196/10, the Ministry of Foreign Affairs and International Cooperation (MFAIC) was formally established on 24 January 1996. The ministry has a total of ...
Industrial mining
There is no large industrial-scale extraction of minerals carried out in Cambodia yet, but many exploration licenses have been granted and some mining companies have reported promising finds of minerals such as gold. Today companies from China, Korea, Vietnam, Australia and elsewhere are exploring for ...
Fishing, fisheries and aquaculture
Cambodian fish farmer checking on fish quality. Photo by U.S. Agency for International Development (USAID), taken on 16 October 2012. Licensed under CC BY-NC-ND 2.0.Cambodia’s inland capture fisheries are among the largest in the world. The fishing industry encompasses subsistence, commercial and recreational fishing, as ...
Ground water
Cambodia relies heavily on its groundwater resources to overcome water shortages during the dry season. More than half of the population depends on it when enough surface water is not available. At a certain depth, the ground is saturated with water, and the upper surface ...
Economy and commerce
Counting money. Photo by Aaron Gilson, taken on 5 April 2013. Licensed under CC BY-NC-ND 2.0.Cambodia re-opened for international trade in the 1980s, opened up to foreign investment in 1994, joined ASEAN in 1999, and became a member of the WTO in 2004. Its bilateral ...
Anti-corruption
Anti-Corruption Unit, Phnom Penh, Cambodia. Photo by Michael Coghlan, taken on 9 January 2014. Licensed under CC BY-SA 2.0In the 2016 Corruption Perceptions Index published by Transparency International, released in January 2017, Cambodia ranked 156th out of 176 countries.259 Cambodia has the lowest score of all ...
Renewable energy production
Renewable sources of energy include biofuels, solar, wind, tidal and geothermal energy. Fossil fuels such as petroleum or coal are not renewable. ...
Science and technology
Students gathering around 3D printed models at a construction expo in Phnom Penh. Photo by ARC Hub PNH, taken in December 2014. Used with permission from ARC Hub PNH.Cambodia has achieved considerable economic and social progress in the last few decades, but the country does ...
Securities exchange policy and regulation
For most of the 21st century, Cambodia has enjoyed significant economic expansion, moving from a period of political turmoil to emerge as one of the fastest-growing economies in the world. Cambodia achieved lower-middle-income status in 2015, largely as a result of free-market reforms, the introduction ...
Bilateral development assistance
Phum Doung Bridge over the Tatai River. Photo by Robert Tyabji, taken on 9 December 2010. Licensed under CC BY-NC-ND 2.0Bilateral aid is assistance given by a government directly to the government of another country or to a local NGO. The Royal Government of Cambodia ...
Agricultural commodities, processing and products
Farmers harvest corn from their farms, Cambodia. Photo by World Bank/Chhor Sokunthea, taken on 17 July 2013. Licensed under CC BY-NC-ND 2.0Key agricultural commodities and products include rice, rubber, corn (maize), vegetables and fruit, and cassava (tapioca). More than 90 percent of Cambodia’s agricultural exports ...
Securities exchange (stock market)
Starting from 2001, work began on promoting the formation of a Cambodian Stock Exchange (CSE or CSX) as a means of supporting the economic system in Cambodia’s development. A stock exchange facilitates the buying and selling of stocks among investors. Dr. Bit Seanglim, Chairman of ...
Cassava
Cassava is a significant contributor to the agricultural sector in Cambodia. The planting, harvesting, processing and export of cassava provides jobs and livelihoods for thousands of Cambodians. Cassava is a significant cash crop for Cambodian farmers.448 Cassava production in Cambodia has increased substantially since 2006. ...
Investment
Cambodia restructured its economy after many years of protracted war and instability. The economy grew strongly following the country’s transition to a free-market economy as it opened to trade and capital flows. Growth was supported by the flow of development assistance, access to the European ...