3 September 2014
Cambodia
has granted operating licenses to 2,424 new companies in the first seven months
of 2014, up 44% compared with 1,688 firms over the same period last year.
Foreign
companies accounted for 1,076, an increase of 32 percent as local registrations
saw a 54% rise to 1,348. Spokesman for the Ministry of Commerce said foreign
firms are mostly operated by Chinese, South Koreans, Japanese and Vietnamese
and they are doing businesses in garment, footwear, agriculture, agro-industry,
tourism, construction, and real estate.
Last year,
the Southeast Asian nation received 2,986 new companies, down 12% due to
post-election crisis, which just ended last month.
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