Cambodia to dominate in attracting FDI this year

According to fDi Intelligence magazine, Cambodia leads amongst 10 emerging markets to attract Foreign Direct Investment in 2024.

According to projections by fDi Intelligence magazine, Cambodia is poised to emerge as the top destination for foreign direct investment (FDI) in 2024, leading a group of nine other emerging markets including Philippines, Kenya, Iraq, Namibia, Kazakhstan, Azerbaijan, Morocco, Serbia, and India.

Cambodia’s robust economic outlook is bolstered by forecasts from the International Monetary Fund (IMF), anticipating a GDP growth of 6.1 per cent in 2024, up from 5.6 per cent in the previous year even as recent efforts to enhance trade partnerships with China, Korea, and the European Union have further strengthened Cambodia’s economic prospects.

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