drbubb Posted September 28, 2011 Report Share Posted September 28, 2011 Cambodia : Opportunities in a "Frontier" market The next Thailand? The next Malaysia? ================================= Might Cambodia worth a close look in the current & coming market dip (assuming we get one) ? /source: http://www.clairebrownrealty.com/cambodia.htm The last forty years have seen some monumental upheavals in the population size, health and wellbeing, and the education status of most Cambodians. However Cambodia is rapidly making up for lost time. The population is growing and becoming increasingly urbanized. The general health status is improving across the board as access is improved to basic health and sanitation services. Education is improving as more and more Cambodians recognize the importance of quality education in securing their future. The political situation has stabilized and as improvements continue, further opportunities will be unearthed. The economy is booming on the back of strong overseas investment and growth in the Asian region. In particular, the growth of tourism provides some exciting opportunities for well-placed property investments and development. Economy GDP and Inflation - The latest figures of real GDP growth in 2005 have just been released and at 9.8%, Cambodia is exhibiting phenomenal growth. This is not just a one off as it is on the back of four previous years of an average of 6% growth. - When coupled with a low inflation rate of 3% the economic outlook is extremely positive. Overseas Investment From 2002-2003 foreign investment in Cambodia was relatively stable. Following a slight dip due to political unrest in 2003, the growth has been astronomical with a 450% increase over 2004-2005 period. The Cambodian Development Corporation (CDC) expects this trend in FDI to continue, as is indicated by further strong investment in the first quarter of 2006. When analysed by sector we see that cement, petroleum and mining which were virtually non-existent in 2004, exceed 150 million each in funding in 2005. The tourism and energy sectors also show significant growth. Tourism in Cambodia - Improve political stability since 1997 has seen a resurgence of Cambodia as a tourist destination. Today there are 5 times more people coming to Cambodia that in 1998. - The 1.4 million visitors to Cambodia in 2005 represented a 35% growth form the previous year, a trend that has been steadily increasing over the last seven years and is projected to continue at this rate. - The total number of tourists by 2010 is expected to be just over 3 million and should provide an annual income of $2.35 billion USD. === === === (here's what Claire Brown Realty says): Cambodia is a rare example of a true emerging market with foreign direct investment up 350% from 2006 to 2007. GDP averaged 6.4% between 2000 and 2004, with 2004 being the first year of very accelerated growth. This was down to a number of factors including massive increases in garments manufacturing, the discovery of drillable oil and tourism numbers hitting 2m per year for the first time. GDP growth in 2007 was a very impressive 9.6%. /brochure: http://www.clairebrownrealty.com/reports/brochure.pdf /Phnom Pen Blog: http://khmernz.blogspot.com/2010_04_14_archive.html /Key Facts :: http://www.saigontourist.net/destination-cambodia.htm Link to comment Share on other sites More sharing options...
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