Compass Real Estate > Cambodia Real Estate Information > How much has Cambodia changed in the past 5 years?

How much has Cambodia changed in the past 5 years?

2019-05-10
1761
0
Summary:2012 is not very far from today, I believe that if the change is great ,then you may point to the mobile phone and say that it changes greatly, almost every year in the iteration.

Yes,if you were in Phnom Penh in 2012 or earlier, you might not be disappointed, but desperate.

This plave in Phnom Penh can't stay any longer!

How much has changed in Phnom Penh, the core of which is the Enlightenment of the Cambodian government: in 2010, the law stipulated that foreigners with passports can buy and own more than two floors of real estate.


The rise of real estate industry can be said to have led to faster economic development in Cambodia (real estate industry is one of Cambodia's four pillar industries). Other industries, such as retail, catering, intermediary, construction and building materials, have also benefited.


02

Speaking from the world economic level, the US economy has recovered. Trappe obviously wants to become rich and not to play with brothers. This Asia Pacific Star is hard to say.

The key is that these European and American giants are more or less interested in economic development, basically able to handle the domestic political regime, and internal integration is not bad, ASEAN is not a fool, and naturally do not play with big brothers.


03

In 2013, the state put forward the strategy of "one belt and one road" to solve the problem of domestic capacity and capital surplus, and the large amount of US dollar foreign exchange reserve in early China was just in time.

Building the Trans-Asian Railway, establishing the China-ASEAN Free Trade Area, and providing assistance to Cambodia every year, China has quietly laid a chess game in Southeast Asia, and behind the growth of the Central-South Peninsula is more China's support.


04

Cambodia is not big enough. Funds and talents are pouring in all over the world. The good thing is that you will see that Phnom Penh is changing year by year. Especially now more and more Chinese people find Cambodia is a depression for investment in Southeast Asia as a whole.

news/1544585758234953.jpg

The investment of Chinese capital has brought not only financial and technological support to the whole Southeast Asia, but also the much-needed investment in infrastructure in Southeast Asian countries. Even e-commerce, such as Ali and Jingdong, have continuously promoted the establishment of logistics and payment systems in the region.

news/1544585779119241.jpg

Late development has the advantage of late development , but rapid development will also lead to rising labor costs and slowly becoming difficult.

Many people who come to Cambodia to do business say that Cambodia is now Shenzhen 20 years ago, but never underestimate the speed of Cambodia's development, because Cambodia is now the darling of the world.

When opportunities arise, we must seize them, otherwise we will develop at the present speed in Cambodia. I'm afraid you've missed another golden decade with regret.


  • ---------------------------------- The End ----------------------------------

Disclaimer: The re-forward articles on Compass website are for the purpose of conveying more information, and it does not mean that the Compass website agrees with its views or confirms the authenticity of its content. Article noted as "Source: Compass original", please note that the source from Compass. The content of the article is for reference only and should not consider as investment advice, and it does not mean that Compass agree with its views.

0

Latest comment
0/500
{{MemberInfoData.nickname}}
{{MemberInfoData.tel_arr[0].showtel}}
  • Rent
    {{MemberInfoData.house_num.rent}}
  • Buy
    {{MemberInfoData.house_num.buy}}
  • Land for rent
    {{MemberInfoData.house_num.land_rent}}
  • Land for sale
    {{MemberInfoData.house_num.land_buy}}
Compass customer
{{MemberInfo.show_company_name}}
{{showTime.show_time}} active
Image is being sent:
Message loading
Message failed to load, click to try again
{{emoji.emoji}}
OBTAIN
Send a business card to{{ taname }}
Start sending
Cancel
No recent contacts
  • {{ind.unreadMessageCount}}
    {{ind.nickname}}
    {{ind.sentTime | time}}
    [图片]
    [语音]
    [视频]
  • Recent contacts are loading
  • {{item.nickname}}
{{send_title}}
  • {{follow.house_name}}
    {{follow.house_province}} {{follow.house_city}}
    {{follow.currency_price_sold_price.start}}{{follow.currency_price_sold_price.mid}}{{follow.currency_price_sold_price.end}}
Selected({{checked_length}}/3)