Report sees increasing foreign investment in industrial sector

8 May 2014
The Phnom Penh Post
Economic policy and administration / Economy and commerce / Government / Industries / Investment / Ministries and other national bodies / Real estate
CB Richard Ellis (Cambodia) Co Ltd / CBRE / CDC / Chinese aid / Council for the Development of Cambodia / Japanese aid

The latest CBRE Cambodia Market View on the industrial market is upbeat about investment in the Kingdom, despite frequently touted political risks. “Cambodia remains an attractive destination for industrial work and operations, with low inflation rates of 2.9 per cent and comparatively low minimum wages,” says the April report. “Cambodia’s industrial output grew by 9.5 per cent over the course 2013, the 17th highest industrial growth rate globally and above the wider Cambodian GPD of 7.3 per cent.” … The report notes that the country’s principle exports are “clothing, timber, tobacco, cassava, fish and rice”, with a total export value of $6.8 billion in 2013, up from $6.0 billion in 2012. …

 Post Staff
http://www.phnompenhpost.com/real-estate/report-sees-increasing-foreign-investment-industrial-sector