Cambodia BRI Attractiveness

Amid the expansion of China’s Belt and Road Initiative (BRI), Cambodia has become an attractive destination for Chinese FDI due to low labor costs and easy market access. During Chinese President Xi Jinping’s visit to Cambodia in 2016, the two countries inked more than 30 agreements and improved bilateral relations in various areas. Cambodia has one of the fastest-growing economies in Southeast Asia but still struggles to overcome development hurdles, mainly infrastructure-related issues.