26 June 2014
The number
of newly registered businesses in Cambodia increased 33% between January and
June this year compared to the same time period last year.
The total
number of new businesses increased from 1,401 to 1,868 between 1 January and 15
June, the figures show. Locally owned businesses increased from 910 to 1,214,
while foreign-owned companies increased from 490 to 654. The majority of the
foreign-owned companies came from South Korea, China, Japan, Thailand and
Malaysia.
Spokesman
for the Ministry of Commerce said the increase was because of the country’s
investment law and location in the region. “Businesspeople are increasingly
interested in Cambodia’s investment law, which allows for easy market access.”
Source:
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