Cambodia - Market ChallengesCambodia - Market Challenges
There are significant challenges to doing business in Cambodia. The World Bank ranks Cambodia 138 out of 190 economies for ease of doing business, while Transparency International, which evaluates perceived levels of public sector corruption, ranks Cambodia 161 out of 180 economies.
Some of the major difficulties in the business environment include the time, costs and procedures associated with starting a business, obtaining construction permits, registering property, and enforcing contracts. Informal payments can be required for some procedures. Other obstacles include poor infrastructure and high-energy costs (Cambodia’s electricity costs are among the highest in ASEAN) and under-developed human capital. Disputes over land rights and limited enforcement of intellectual property rights, including the sale of counterfeit and pirated products, also remain major concerns for U.S. companies.