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Australian Investment in Cambodia

Posted by IPS Cambodia on August 14, 2023
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Featured photo from AustraliaAwardsCambodia.org

Australian investment in Cambodia primarily focuses on the following sectors:

Property

Many Australians are investing in residential, commercial and industrial properties in Cambodia due to its affordable cost, vast potential for capital growth, as well as the country’s overall economic strength and political stability.

Agriculture

Australian companies are investing in agricultural projects in Cambodia, such as the development of new rice varieties and the production of milk and dairy products.

Education

Cambodia has benefited from Australian investment in education projects, including the construction of new schools and the provision of scholarships.

Tourism

The development of new hotels and resorts is evidence of Australian companies’ appetite for investment in tourism projects in Cambodia.

Mining

Australian companies are investing in mining projects in Cambodia, including the exploration for gold and other minerals.

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Australian Investment in Property In Cambodia

According to the World Bank’s Cambodia Investment Climate Assessment 2022/23, Australian investment in Cambodian property was estimated to be US$100 million in 2022. This represents a significant 50% increase from the previous year, when Australian investment in Cambodian property was estimated to be US$50 million.

The World Bank’s report attributes the increase in Australian investment in Cambodian property to a number of factors, including Cambodia’s:

  • strong economic growth;
  • low cost of property;
  • potential for significant capital growth;
  • political stability.

Australian Investment in Property in Cambodia 2013-2022

Reference: Worldbank.org

Note: The data from the World Bank shows that Australian investment in Cambodian property is a significant part of its total foreign direct investment (FDI) in Cambodia.

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