Property developer Creed plots own course in Cambodia

Lack of local partners forces Japanese company to go it alone in thriving economy.

Toshihiko Muneyoshi, CEO of Japanese real estate developer Creed, leads a charmed life in Cambodia. His spacious home in northeastern Phnom Penh near the Mekong River — purchased in 2012 for 60 million yen ($538,000) — includes a 2-meter deep swimming pool and a live-in cook and chauffeur.

The residence is often the destination of powerful business leaders on visits from Japan, with whom Muneyoshi shares insights on Cambodia and the region.

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