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Until the end of the 20th century, Cambodia lived through a very difficult period. Since 1999, the “win win ” policy of the Government established peace, national reconciliation and the territorial unification. The Cambodians benefited a political stability, a fast economical growth, safety, a social order and a reduction of poverty. Between 2000-2006, the average annual economical growth was 9,4% with an inflation rate kept under the 3% annual. These 3 last years, the growth reached an annual rate of 11,4%. In Asia, this growth rate ranked Cambodia in 2E position behind China with which it is the only one to share a growth with 2 digits.

The current population of 15 million inhabitants is still poor on average even if the buying power grows very quickly. In comparison with neighboring countries, the income per capita is average, except for Thailand.

Middle and upper class live primarily in Phnom Penh and in major urban areas. They can afford buying sophisticated goods. Even if many Cambodians do not own a car today, cars, computers and cell phones sales increase rapidly.

Cambodia is ready to become a major energy exporter, thanks to oil reserves that promess to double gross national product (GNP) and therefore have the possibility for Cambodians to emerge from poverty. Chevron, the American Oil Company indicated the discovery, on the south coast of Cambodia, of an enormous gas and oil reserve (Block A could contain up to 700 million crude oil barrels). The World Bank said that the total energy reserve of Cambodia could reach 2 billion oil barrels and 10 trillions of m3 of natural gas. According to the World Bank, oil exports could generate an annual national income of 2 billion US dollars which is several times the current amount coming from the addition of the domestic income of Cambodia including foreign assistances. The Cambodian energy specialists indicated this week that they hope to begin the production in 2009.

Cambodia is rich in energy resources and could increase in an appreciable way, the geostrategic importance of the country.

Today, several fundamental reasons encourage many investors to inject phenomenal capital currently in Cambodia (see in the news hereafter the investments announced recently):

Cambodia is member of the ASEAN (Country of the Southeast Asia which can be considered like old widened Indo-China), who establishes a Common Market facilitating the commercial transactions between the Member States. At the time of the Summit of the ASEAN which was held in Phnom Penh in November 2002, the Member States signed with China an overall contract to realize in 2010 the free trade area CAFTA (ASEAN Free Trade Area). This Zone CAFTA generates a broader market of consumers, a promotion of tourism, trade and investments. Cambodia is considered today as the country of the ASEAN offering the most liberal context of businesses most accessible and for the investments and the trade.

Cambodia profits from a central geographical location particularly strategic, for surface air and sea shipping The opening of the new terminal of the international airport of Phnom Penh and the extension of the port of Sihanoukville can answer the increasing request for regional and world infrastructures for the transport of passengers and freight.

Thanks to the facilitated access to the international markets and the delay undergone in the economic development, Cambodia offers the investors the prospect for a fulgurating development of import-export between the country and the European Union, Canada and the United States. The commercial transactions are also facilitated since Cambodia adheres to the World Trade Organization (WTO) since September 2003.

There are taxation incentives on companies profits and are non-existent in all other fields. More so, the state does not control the origin of funds being invested. Ownership rights in the form of bearer shares allows all types of transfers (donation, inheritance,…) and are free of taxes.