Located between Thailand and Vietnam, Cambodia is an attractive investment destination for businesses looking to expand in ASEAN. The country has recovered from a troubled and violent 20th century past and aims to now secure a place on the global economic playing field.
With a steady economic growth of around 7 percent in recent years, which is forecasted to continue in 2019, Cambodia is on a steady path of economic improvement. The growth rate is the highest amongst the fast-growing ASEAN nations. However large-scale reforms are needed to support this growth and to make the country competitive on a global level.
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