President’s Message
When it comes to growth and development, Cambodia is a remarkable success story – and one that we, at the L.Y.P Group, are proud to be a part of.
Cambodia is a rapidly emerging country with one of the fastest growing economies in South East Asia. With half of the country’s population under the age of 25 there is even more potential for growth and future development. As such, at the L.Y.P Group, we firmly believe that investing in Cambodia makes strategic as well as economic sense.
Located in the heart of South East Asia, Cambodia is ideally located for companies wishing to connect to the rest of Asia and beyond. And with the ASEAN Economic Community (AEC) now a reality, Cambodia’s geographic position is even more attractive than ever before.
With an extremely open investment climate and tax holidays for foreign direct investment the Royal Government of Cambodia is actively seeking – and encouraging – foreign direct investment. The government is also a member of the World Trade Organisation (WTO) and is active in ASEAN which should give even greater confidence to any potential investor.
In addition to confidence and ease of investment, the Royal Government of Cambodia has identified a number of key sectors that are ‘targeted’ for investment. These include the country’s industrial, agricultural, real estate and service sectors. They are all sectors that the L.Y.P Group is helping to establish.
Finally, as a group with the most diversified business portfolio in the country, the L.Y.P Group is proud to play such a significant role in the continued development of the Kingdom of Cambodia and looks forward to welcoming investors and companies that have the same aim.
President H.E. Oknha Ly Yong Phat