In the midst of a thriving economy, Cambodia has a lot to offer for entrepreneurial minded people. The country is a free market with a large workforce and an abundance of natural resources that remain relatively underexploited. With a burgeoning population, Cambodia provides great opportunities for business success. With a population of around 18 million, it is one of the fastest-growing economies in Asia. The Cambodian government has invested heavily to improve infrastructure and create an enabling environment that will attract investment from foreign companies looking into manufacturing or outsourcing their operations within Southeast Asian markets.
Here are some businesses expats like you can set up in Cambodia:
Real Estate and Construction Development Business in Cambodia
Cambodia is a country full of opportunity. With the steady growth in population, Cambodia has grown into a flourishing economy with booming industries. There are many types of businesses that expats can do in Cambodia, but there are some definite benefits to real estate development. Construction on projects can be done quickly and cheaply. Though there are setbacks that come with this industry, the benefits outweigh the risks, especially for those who have had experience doing construction before.
Hotel, Restaurant, and Bars Business in Cambodia
Cambodia is an ideal destination for those looking to start a business, as there is a low population and a high need for new businesses. One of the most popular types of business that one can start in Cambodia is a restaurant, hotel, or bar. There are even franchising opportunities available for those who want to bring their favorite international brand to this country. Doing some research on the needs of this country will help you determine which type of business you would like to open.
Education Business in Cambodia
Education-based businesses are the most common among Western entrepreneurs in Cambodia. These include private tutoring, English teaching, and training courses for international students. Other possibilities include educational technology ventures like lesson planning, curriculum design, and school management software.
Volunteering in Cambodia
Have you always wanted to explore the world of Kingdom of Wonder – Cambodia, but are scared of packing your bags, leaving your job, and moving there? Well, what if I told you that there are jobs that will allow you to do that while being in your current location. Volunteering abroad, especially, in Cambodia, is a great way to do that! You can help out in different fields in different countries all while living your daily life back home. The need for volunteers in developing nation like Cambodia is high, so why not get involved?
Volunteers from all over the world have been flocking to Cambodia in recent years to take part in a myriad of different projects. Many go to do work with children, or teach English as a second language, but others may find themselves working at a school, an NGO, or a hospital. The list of opportunities is endless – and there’s something for everyone!