CAMBODIA QUICK FACTS
- Number of visitors per annum:
> 2 million
- GDP (PPP):
9.9% 5-year compound annual growth
$1619 per capital
- Resource Rich:
- Inflation (CPI):
Cambodia: A Rising Market
Lonely Planet describes Cambodia as one of the most popular tourist destinations on the planet right now. And as Cambodia’s fastest growing city, Siem Reap is right the centre of the action.
With sustained economic growth of 9.9% over a 5 year period, it is little wonder that foreign investment in Cambodia has exploded to a point where it is likely to exceed foreign aid.
In fact, according to the World Bank (in February 2009), Cambodia has more than doubled its income per capita over the past decade, bringing about a profound structural transformation. Translating into jobs and better services, these outcomes have led to a significant reduction in poverty, as well as improvements in health and education.
And because it is rich in resources like land, people, forestry and oil, Cambodia has the ongoing capability of supplying to ever-increasing demands of the flourishing development industry.
With over 2 million people visiting the region annually and the number of visitors increasing each year, this growing market continues to present savvy investors with a unique opportunity to buy into a rising market.