Investing In Cambodian Property Market
Despite the devastating impact of the COVID-19 outbreak on Southeast Asian economies, Cambodia continues to be an attractive investment opportunity for real estate investors due to its unique position at the crossroads of several trends. Cambodia has undergone a significant transition in the two decades since the Khmer Rouge disbanded. The country, once infamous for widespread poverty and ongoing civil strife, has outperformed expectations, having achieved lower-middle-income status by 2015 and aiming for upper-middle-income status by the end of the decade. It has not experienced a recession in more than two decades. Cambodia is an integral part of the ASEAN community and a key launchpad for China's Belt and Road Initiative. However, Cambodia has seen an increase in foreign investment from a variety of sources over the last few years. It appears to be benefiting recently from a reshoring drive as businesses seek to relocate or expand in Southeast Asia. Not only does Cambodia prov