| Author | Chap Sotharith |
| Call Number | AIT Thesis no.HS-94-31 |
| Subject(s) | Investments, Foreign--Cambodia
|
| Note | A thesis submitted in partial fulfillment of the requirement for the degree of
Master of Science, School of Engineering and Technology |
| Publisher | Asian Institute of Technology |
| Series Statement | Thesis ; no. HS-94-31 |
| Abstract | This study reviews the present government policies, legislation, institutional
framework and incentives schemes and evaluates the motivation factors, roles and impact of
foreign investment to economic, social and environmental aspects in Cambodia. It also
identifies the main problems faced by investors in Cambodia and proposes some guidelines
to improve the climate for foreign direct investment.
It is found that Cambodia has become the new focus of foreign investment attraction
in the region due to new market, political settlement, abundant natural resources and low
labor cost. Though about 600 investment projects have been approved in principle,
unfortunately, only about 20 to 30 percent of the projects have been able to operate due to
a number of obstacles standing in the way of the development process. The obstacles are
generally effected by economic and social factor and particularly by political, legal and
administrative factors. Though there are remarkable positive impact on economic aspect, there
are a number of negative impact on environmental and socio-cultural aspects. The existing
incentive schemes in the country has not been fully implemented since the law on investment
issued. The legal and institutional framework have not been clearly and sufficiently
formulated. Therefore, the potential investors from industrialized countries have not yet
invested in the country. FDI flows only in one area, Phnom Penh, while there is no industrial
estate and other facilities in the province that may lead to worsening regional disparities.
A set of recommendation which will be used as the guidelines for the government, for
foreign investors and for the international organizations is proposed to improve the investment
climate. An action plan containing several projects is also propose. |
| Year | 1994 |
| Corresponding Series Added Entry | Asian Institute of Technology. Thesis ; no. HS-94-31 |
| Type | Thesis |
| School | School of Engineering and Technology (SET) |
| Department | Department of Civil and Infrastucture Engineering (DCIE) |
| Academic Program/FoS | Human Settlement (HS) |
| Chairperson(s) | Wickramanayake, B.W.E. |
| Examination Committee(s) | Routray, Jayant Kumar ;Ramanathan K.
|
| Scholarship Donor(s) | Canadian International Development
Agency (CIDA); |
| Degree | Thesis (M.Sc.) - Asian Institute of Technology, 1994 |