Cambodia Investment Opportunities - Guide for Easy Profitable Investment Sectors
75As in perspective that Cambodia is one of the poorest country in the world yet there are many opportunity for investors to consider making profit investment in this resourceful Kingdom. International aids assistant is still standing as the very important role to contribute to the country's economic development.
However, the private sector investment is coming to be a very critical role in playing economic development of the country and as the main engine to contribute huge different for economic growth. The government of Cambodia is working toward ease the investor bringing for investment to this country as seen clearly that will prosper the country faster in the years ahead. The Royal Government of Cambodia is fully aware of this matter and form the legal perspective with the investment law and such related issue and point out the important sector where investor can look at of their interest expertise.
Encouraged Sectors for Investments
There are 8 strong sectors that is encourage for investment as potential area for investor to start with the capital that excess of $1 million for any national or foreign investment
project. Anyhow, the investment sectors in which special incentives do not apply include the telecommunication sector, and the exploitation of natural resources, with the exception of oil and natural gas exploration. All fuels, lubricants and other petroleum‐based products used as raw materials or intermediate goods are not eligible for exemptions from import duties.
- Pioneer and/ or high‐technology industries
- Job creation. Export‐oriented industries
- Tourism industry
- Agro‐industry and processing industry
- Infrastructure and energy
- Provincial and rural development
- Environmental protection
- Investment in the Special Promotion Zones (SPZs)
Area of Investment
Deciding the interest sector for investment is the first stage before jumping to the area for investment. The investor is assume to have known on its own expertise to apply for the investment in Cambodia. The following are area of investment before putting the source of capital to invest with such as:
- Crop production - cash crop, vegetables and paddy farming
- Livestock production - poultry and eggs, dairy farming and livestock
- Fisheries - shrimp framing, aqua-culture production or hatcheries
- Medical complex of international standard, educational facilities of international standard, vocational training centers
- Physical infrastructure facilities to support the tourism and cultural sectors
- Production and exploitation activities to protect the environment
- Manufacture of Paper & Allied Products
- Manufacture of Chemicals & Allied Products
- Manufacture of Rubber & Miscellaneous Plastics
- Manufacture of Leather & Other Products
- Manufacture of Fabricated Metal Products
- Manufacture of textile mill products - floor covering mills, knitting mills, narrow fabric mills and weaving mill cotton, wool and man made materials.
- Manufacture of Apparel and Other Textiles
- Manufacture of Furniture & Fixtures - Office furniture, household furniture, and building partitions and fixtures.
- Manufacture of Electrical and Electronic Equipment
- Manufacture of Transportation Equipment
- Highway & Bridge Construction
- Exploitation of minerals, ore, coal, oil and natural gas
- Production of machinery and industrial equipment
- Production of consumption goods
- Hotel construction
- Manufacturer and processing of food & related products - animal feeding products, grain mill, bakery, diary, meat, sugar, fats, oils, beverages, preserved fruits and vegetables.
Among these area for investment above, some area need capital greater than $500,000 and some area need capital greater than $1 million to be applicable for investment in Cambodia.
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J Jones 14 months ago
I am Looking to import custom made furniture for hotels, resorts, offices and apartment blocks from China into Cambodia, I have been told several different things regarding rate of import tax I will be due to pay at customs, can you give me a definative rate please?