Economic expansion of Cambodia; an opportunity for Thai entrepreneurs

8 May 2014
National News Bureau of Thailand
Economic policy and administration / Economy and commerce / Foreign investors / Government / Industries / Infrastructure / International relations / Investment / Markets / Real estate / Tourism / Trade / Trade policy and regulation / Transport infrastructure and facilities
Angkor Wat / CB Richard Ellis / CBRE / Thailand

The retail marketing business in Cambodia has been growing at approximately 8% a year for the last 10 years and is expected to increase by 7.5% a year from 2014-2018. This economic expansion and greater purchasing power of Cambodians, is seen as presenting great opportunities to Thai entrepreneurs wanting to invest in retail business and modern forms of trade and marketing. … CB Richard Ellis (CBRE), the world’s leading real estate agency reports that the retail space renting rate is 20-32 USD/sq.m. in Phnom Penh. Many countries are interested in investing in this city. However, all investors need to consider the limitations of the country as well, such as the undeveloped transportation system, which might cause delays and damage during product shipping. …

 National News Bureau of Thailand
http://thainews.prd.go.th/centerweb/newsen/NewsDetail?NT01_NewsID=WNRPT5705080010001