AmCham 2024 Business Climate Survey
| dc.contributor.author | Casey Barnett | |
| dc.contributor.author | Phaneth Chheng | |
| dc.contributor.author | Narin Choeun | |
| dc.date.accessioned | 2026-06-10T03:34:22Z | |
| dc.date.issued | 2024-11-18 | |
| dc.description | The American Chamber of Commerce in Cambodia (AmCham) conducted its 2024 Business Climate Survey togather insights from American and non-American businesses operating in Cambodia, collecting responses from 542 companies. The survey focuses on business outlook, business environment, investment advantages, and key challenges. The findings reveal Cambodia’s appeal as a growing market with a unique blend of advantages, including robust GDP growth. Respondent companies were overwhelmingly optimistic for 2024, with over 70% anticipating profit growth and over 65% planning increased investment. Cambodia’s competitive advantages include 100% foreign ownership of companies in Cambodia, strong economic growth, political stability, U.S. dollar banking, tax incentives, and use of English language. Also, Cambodia has unique advantages supporting China de-risking and movement of operations from China to Cambodia. These include a Cambodia-China free trade agreement, which can also support American businesses that export to China. However, several challenges remain. The survey highlights ongoing concerns about uncertainty related to the interpretation and enforcement of laws and regulations, the cost of electricity, transportation infrastructure, and transportation costs. The survey underscores AmCham’s advocacy role and active engagement with Cambodian government officials, including participation in government-private sector working groups. Respondents also evaluated AmCham’s effectiveness in supporting members and highlighted interest in expanded committee representation, such as establishing committees related to trade and financial markets. This collaborative environment, coupled with Cambodia’s evolving business policies, positions the country as a promising market for American investors. | |
| dc.identifier.uri | https://cam-ed-oar.com/handle/cam-ed-oar/631 | |
| dc.language.iso | en | |
| dc.publisher | American Chamber of Commerce in Cambodia | |
| dc.title | AmCham 2024 Business Climate Survey | |
| dc.type | Technical Report |