The Cambodia Trade & Commerce of Toronto (CTCT) was officially established on May 26, 2022, as the first overseas representative and liaison office abroad. As the flagship liaison office abroad and with the support and endorsement from the Cambodia Chamber of Commerce, CTCT will act as a bridge between Cambodian and Canadian businesses, strengthening bilateral relationships between the two countries, while promoting trade and culture.
We engage in regular communication with the Cambodian government and all tiers of the Canadian government to stay informed about local business activities and foster cultural exchanges.
CTCT maintains ongoing collaboration with the Cambodian Chamber of Commerce to provide our members with up-to-date regulatory and business insight. Our office is dedicated to enhancing community visibility, sharing best practices, expanding networks, and addressing pertinent issues within the communities.
Unlocking Potential: Discover the Investment Policy and Opportunities in Cambodia, a nation strategically positioned in Southeast Asia, offering a promising landscape for both foreign and domestic investors.
Cambodia is strategically located in the heart of Southeast Asia, providing easy access to major markets such as China, India, and ASEAN countries. It’s relative position also makes it an attractive hub for logistics and distribution.
Cambodia has achieved an impressive average real GDP growth rate of 7.1% over the last 8 years and is expected to continue its growth trajectory in the coming years. This economic expansion has been fueled by increased exports, growing tourism sector, and government efforts to improve infrastructure.
The Cambodian government has implemented several policies to attract foreign investment, including tax incentives, streamlined procedures for setting up a business, and protection of property rights. Additionally, the country is a member of several free trade agreements, making it an attractive destination for companies seeking to expand their market reach.
Cambodia has an abundance of natural resources, including minerals, timber, and arable land. This makes it an attractive destination for investors in the mining, agriculture, and forestry sectors.
Cambodia's low-cost labor force, provides a significant competitive advantage for manufacturing and production activities. The minimum wage in Cambodia is one of the lowest in the region, and can contribute to maintaining and expanding cost-efficiencies.
ASEAN, Regional Comprehensive Economic Partnership (RCEP), China, South Korea, UAE Comprehensive Economic Partnership Agreement (CEPA in progress).
Considerable tax exemptions (income tax, VAT, duties, special tax), capital expenditure deductions, Qualified Institutional Placements (QIP).
Maximum of 20-working days, streamlined and efficient one-stop service for investors, simplifying bureaucratic processes and reducing administrative hurdles.
Offers specific incentives such as tax holidays, streamlined administrative processes, and infrastructure support to facilitate operations.
In certain cases, foreign investors can own land within designated investment zones, facilitating long-term business operations and providing a secure investment environment.
Cambodia offers legal safeguards for investors through mechanisms like the Investment Law, ensuring protection against arbitrary expropriation and guaranteeing fair treatment.
Source: Council for the Development of Cambodia (CDC) https://www.cambodiainvestment.gov.kh/;
Investment Policy And Opportunities In Cambodia (January 6th 2023);
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