Opportunities and Trends in the Tourism Sector in Cambodia

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Tourism is one of the key pillars of the Cambodian economy, but does it create opportunities for European investors? Join this webinar to find out.

Cambodia has experienced two decades of strong economic growth. An average GDP growth rate of 7.7% from 1995-2017 places it as the 6th fastest-growing economy in the world, and this growth is expected to continue.

In this context, tourism has a key role in the country. In 2018, 76.6% of the population were still living in the countryside. The sector accounted for approximately 14 % of GDP in 2017 and in 2018 13.8% of the Cambodian labour force was engaged in tourist activities. The number of international arrivals has increased significantly, and the objective is to reach 7 million visitors in 2020.

Today, the sector remains at the core of Cambodia’s development strategy, with plans to modernise the sector by encouraging longer tourists stays, diversifying new tourism products, boosting competitiveness and improving connectivity.

These trends will have profound implications for the sector, creating challenges and opportunities for prospective investors. Join this webinar on February 18th at 4pm (Cambodian time) to learn more.