Property Market Report

Cambodia - Economic indicators

• 2006 GDP growth - 10.5% and 13.5% in 2005 (IMF figures)

• GDP growth from 1999-2004 averaged 7%

• Growth in foreign direct investment from 2004-2006 - 1200%

• Unemployment 2.5% (est)

• Foreign Aid for 2007, $US660 million, up from $US601 million in 2005

• Per capita GDP (PPP) $US2,200

• Tourism grew at 35% in 2005 and 20% in 2006. Total number of tourists in

2006 was 1.7 million

• Textile exports grew at 20% in 2005

• Main industries: Tourism, garments, rice milling, fishing, wood and wood

products, rubber, cement, gem mining, textiles

• Oil reserves recently been found - revenues predicted to be up to $US2 billion

• 2004 - Construction industry grew by 34%

• 2005 - Construction industry grew by a staggering 63%

• Building approvals in 2006 were up by 35% on 2005 in Phnom Penh

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