The main advantage of attracting investors to these countries is their reputation.

 

The second feature is that their general structure and some of their specific content is the result of consultation with the private sector.

An Open Economy

 has an open economy, a fairly open economy. In 2003, the Heritage Foundation's Economic Freedom Index, compiled by the Heritage Foundation of the United States, ranked Cambodia 35th out of 170 countries. The factors that the index reflects are of great interest to potential investors: financial burden, regulatory barriers, labour market restrictions, trade policy

Cambodia Real Estate is not without any problems for many low developing countries but at least where government policy is concerned, it can claim to be a liberal welcome to foreign investors. In the world's LDCs included in the index, the Cambodian market is at the top in terms of friendship.

Specific Assets

Tourism is one of the areas in which Cambodia wants to attract the most foreign investment. In this, it is hardly unique. However, unlike other countries, Cambodia has an amazing cultural asset in the temples of the Angkor complex. The country is poised to reach one million tourists in the next few years and its potential could be huge. A very different kind of asset is Cambodian labour.

While it is recognized by both current investors and the government that the training of Cambodian workers is poor, it is a remedial shortcoming, and almost everyone agrees that they are ready and able to learn.

Acknowledgements

Many individuals and organizations have participated in the preparation of this project and this guide. Although we cannot list each partner, the following merits are highlighted; The financial contributions of the donors who made this project possible, particularly the governments of Finland, Italy and Norway, and the United Nations Development Program in Cambodia. Program; Company executives and government officials who participated in the consultation in Phnom Penh and commented on the earlier draft.

The cooperation of the Council for the Development of Cambodia, and in particular its Secretary-General, Sok Chanda Sophia, was essential to the success of this project, as was the case with the Ministry of Commerce, particularly Minister Cham Prasad and Secretary of State Sok Sefana. The Cambodian International Business Club (IBC) helped ensure private sector participation in the project, as did the Phnom Penh Chamber of Commerce (PPCC).