World BankAsian Development Bank2015-02-262015-02-262015-01https://hdl.handle.net/10986/21529Over the past decade, Cambodia has more than halved its rate of poverty thanks to economic growth averaging 8 percent per annum, strong export performance, and positive changes to the investment climate. Cambodia is an attractive investment destination as it is strategically located at the center of Association of South East Asian Nations (ASEAN), creating significant opportunities for integration into regional and global value chains. With a changing global environment, Cambodia is likely to face increasing challenges maintaining and expanding market access in a dynamic and highly competitive region. The Royal Government of Cambodia (RGC) recognizes the importance of enhancing the investment environment and has initiated a series of reforms. Progress has been greatest on trade facilitation, as reflected by the impressive improvement in Cambodias ranking on the World Banks logistics performance index (LPI). Despite the governments effort at introducing reforms to improve the investment climate, the business environment continues to hamper the competitiveness of firms in Cambodia. The RGCs rectangular strategy identifies the importance of automated trade and business processes, and the need for regulatory reform. The RGC is currently developing its industrial development policy 2014-2024 that deals with many of the issues raised in this report. The RGC will focus on broadening the manufacturing base, attracting new investment, and creating growth poles around the current manufacturing anchors.en-USCC BY 3.0 IGOACCESS TO CREDITACCESS TO FINANCEACCESS TO FINANCINGADMINISTRATIVE BURDENADMINISTRATIVE PROCESSADMINISTRATIVE PROCESSESADVANCED DEGREESAUTOMATIONBANK LOANBANK OFFICEBANKING SERVICESBARRIERBARRIERS TO ENTRYBRIBESBUSINESS ENVIRONMENTBUSINESS OPERATIONBUSINESS PRACTICESBUSINESS PROCESSESBUSINESS REGISTRATIONBUSINESSESCAPABILITYCAPITAL INTENSITYCERTIFICATECERTIFICATESCHAMBER OF COMMERCECOALCOLLATERALCOMMERCECOMPETITION LAWCOMPETITION LAWSCOMPETITIVENESSCONNECTIVITYCONTRACT ENFORCEMENTCOPYRIGHTCORRUPTIONCOST OF FINANCECREDIT BUREAUCREDIT GUARANTEECREDIT GUARANTEE FACILITIESCREDIT INTERMEDIATIONCREDIT RATINGCREDITORSCUSTOMCUSTOMSCUSTOMS CLEARANCECUSTOMS DECLARATIONDEVELOPMENT BANKDISPUTE RESOLUTIONDIVERSIFICATIONE-COMMERCEE-COMMERCE LAWE-PAYMENTSECOMMERCEECONOMIC GROWTHECONOMIC INTEGRATIONELECTRICITYELECTRICITY INFRASTRUCTUREEMPLOYMENTENFORCEMENT OF CONTRACTSENTERPRISE SURVEYENTERPRISE SURVEYSENVIRONMENTALENVIRONMENTSEXPANSIONEXPORT BASEEXPORT MARKETSEXTERNAL SHOCKSFACE-TO-FACE CONTACTFINANCIAL INSTITUTIONSFINANCIAL SECTORFINANCIAL SERVICESFINANCING ACCESSFIRM SIZEFOREIGN COMPANIESFOREIGN DIRECT INVESTMENTFOREIGN ENTERPRISESFOREIGN FIRMSFOREIGN INVESTMENTFOREIGN INVESTORSGOVERNANCE INDICATORSGOVERNMENT CONTRACTGOVERNMENT REGULATIONSGOVERNMENT SERVICESGROSS DOMESTIC PRODUCTHARMONIZATIONICTIMAGEINCOMEINDUSTRIAL DEVELOPMENTINFORMAL ECONOMYINNOVATIONINSPECTIONINSPECTIONSINTERNATIONAL BEST PRACTICEINTERNATIONAL BUSINESSINTERNATIONAL STANDARDSINVESTMENT CLIMATEISSUE OF ACCESSJOB OPPORTUNITIESJUDICIAL ENFORCEMENTJUDICIAL SYSTEMLABOR FORCELABOR MARKETLABOR PRODUCTIVITYLACK OF ACCESSLAWYERSLEGAL SYSTEMLENDERSLICENSELICENSESLICENSINGLINE OF CREDITLOAN APPLICATIONSLOCAL BUSINESSLOW-INCOME COUNTRIESMANAGEMENT SYSTEMMANUFACTURERSMANUFACTURINGMANUFACTURING INDUSTRIESMARGINAL REVENUEMARKET ACCESSMATERIALNEW COMPANYNEW MARKETSNEW PRODUCTNEW TECHNOLOGYOPERATING COSTSOUTPUTOUTPUTSPOLICY MAKERSPOTENTIAL INVESTMENTPREFERENTIAL ACCESSPRIVATE SECTORPRODUCERSPRODUCTIVITY GROWTHPROFITABILITYPROPERTY RIGHTSRAMP;DREFORM PROGRAMREGIONAL INTEGRATIONREGULATORY ENVIRONMENTREGULATORY POLICYREGULATORY REFORMREGULATORY REQUIREMENTSRELIABILITYRENEWABLE ENERGYRESULTRISK MANAGEMENTSALES REVENUESECURITIESSECURITIES MARKETSHOPSSKILLS SHORTAGESSMALL FIRMSSMESOCIAL WELFARESTART-UPTAXTAX INCENTIVESTAX RATETAX RATESTAXATIONTECHNICAL SKILLSTELECOMMUNICATIONSTRADE FACILITATIONTRANSMISSIONTRANSMISSIONSTRANSPARENCYVALUE CHAINVALUE CHAINSWAGESWORLD DEVELOPMENT INDICATORS10.1596/21529