Doing Business in Cambodia

Syllabus of the Subject: Doing Business in Cambodia - Phnom Penh.

1. Introduction to the Kingdom of Cambodia (Southeast Asia)
2. Cambodian Economy
3. Doing Business in Phnom Penh
4. Cambodian international trade
5. Sihanoukville Autonomous Port
6. Foreign Direct Investment (FDI) in Cambodia
7. Case Study:
   1. Special Economic Zones in Cambodia-Phnom Penh SEZ.
   2. Importing into Cambodia
   3. Royal Group - Kith Meng
8. Business Opportunities in Cambodia:
   1. Telecommunications
   2. Garments
   3. Agribusiness
9. Access to the Cambodian Market
10. Business Plan for Cambodia

The aims of the subject “Foreign Trade and Doing Business in the Kingdom of Cambodia” are the following:

1. To analyse the Cambodian economy and foreign trade
2. To evaluate the business opportunities in Cambodia
3. To explore Cambodia's trade relations with the country of the student
4. To know Cambodia's Trade Agreements
5. To examine the profile of Cambodian business people and companies
6. To develop a business plan for the Cambodian Market

Sample of the subject - Doing Business in Cambodia:

Description of the Subject (Online Learning): Doing Business in Cambodia.

The Kingdom of Cambodia is situated in South-east Asia, sharing borders with Thailand, Laos, and Vietnam.

1. 90% of the population of Cambodian Cambodia is ethnically Khmer
2. The capital, Phnom Penh (2 million people) is the economic and political centre of Cambodia
3. Type of Government: Unitary Parliamentary constitutional monarchy
4. Monarch of Cambodia: Norodom Sihamoni
5. Independence: 1953 (from France)
6. Area: 181,035 square kilometres
7. Cambodian population: 15.5 million people
8. Official language of Cambodia: Khmer. French is also spoken

Theravada Buddhism is the religion of 95% of the population (38 million).

Cambodia belongs to the Buddhist Civilisation

Cambodian Economy.

1. Cambodia is a member of the ASEAN since 1998.
2. Cambodia has accomplished a high economic growth (average of 9.4% annually)
3. The manufacturing production is focused on the garment sector, these products dominate the Cambodian exports, especially to the United States
4. The Cambodian service sector is strongly concentrated in commerce activities and catering-related services
5. The Royal Government of Cambodia has approved twenty-one Special Economic Zones situated along the border with Thailand and Vietnam (Koh Kong, Poipet, Savet, and Phnom Den), at Sihanoukville and Phnom Penh
6. Companies within the Special Economic Zones benefit from some fiscal incentives (revenue tax, customs, VAT benefits...)
7. Economic aid received: 989 million dollars in grants or concessional loans
8. Cambodian currency: Riel (KHR)

International Trade of Cambodia.

1. Total value of import augmented by 21% (from 1.990 to 2,409 billion riels), compared to the same last year
2. Total value of Cambodian export amount 1.045 million dollars, an augmented by 30.04% (from 804 million dollars, compared to same period last year) (Source: Customs and Excise Department)
3. Top exports products of Cambodia are garments, shoes, cigarettes, natural rubber, rice, pepper, wood, and fish
4. Largest export markets of Cambodia are the United States, Germany, the United Kingdom, Singapore, Japan, and Vietnam
5. Top imports of Cambodia are fuels, cigarettes, vehicles, consumer products, and machinery
6. Top import partners of Cambodia are Thailand, Singapore, the People's Republic of China, Hong Kong, Vietnam, Taiwan, and the United States.
   
7. The Sihanoukville Autonomous Port is the only international seaport of the Kingdom of Cambodia

Foreign Direct Investment (FDI) in Cambodia.

1. The Kingdom of Cambodia has opened its economy to the Foreign direct investment (FDI) in all sectors of the economy (banking, insurance, or telecommunications)
2. Foreign investors in Cambodia are allowed to control 100% of the shareholding, without local participation requisite
3. The largest sources of the foreign direct investment (FDI) comes from Korea, the People's Republic of China, Russia, Thailand, the United States, and Vietnam

Cambodia Free Trade Agreements (FTA) and Market Access:

1. Association of Southeast Asian Nations (ASEAN)
2. Cambodia is a member
   1. ASEAN Free-Trade Area
   2. ASEAN Economic Community
3. Cambodia has Free Trade Agreements (as a member of the ASEAN) with China, India, European Union, Japan, Korea, Russia, and the United States
4. ASEAN (Cambodia)-Australia-New Zealand (Free-Trade Area)
5. Generalised System of Preferences (GSP)
6. Mekong Economic Cooperation Strategy (ACMECS)
7. Greater Mekong Subregion (GMS)

Cambodia is a member of:

1. Mekong River Commission
2. Asian Development Bank (ADB)
3. Economic and Social Commission for Asia and the Pacific (ESCAP)
4. Boao Forum for Asia

❮ Samples - Business in Cambodia ❯

(c) EENI- Business School & Hispano-African University of International Business