Business Opportunities in Cambodia in the Electrical and Electronic Equipment Industry
30. August 2023, Online
Cambodia is one of the most accessible frontier markets for foreign investors and offers an excellent business environment. Unbeknownst to many western commentators, the country’s Electrical and Electronic Equipment (EEE) Industry has seen a rapid development in the past decade, with related exports growing from practically zero in 2012 to ca. 2 billion USD in 2022. While the USA have recently advanced to the most important EEE export market for Cambodia, the main players in the local EEE manufacturing sector are large foreign multinational companies of mostly Asian origin.
They invest in assembly plants in industry sub-sectors such as electronic components and equipment, optic fibre connection assembly, as well as industrial electronics and micro-electronics. Very few of these companies’ source material inputs from domestic suppliers, the majority obtaining inputs – i.e. wires, cables, diodes, transistors and electrical transformers – abroad, mostly from China, Japan, and Thailand. So far, European brand presence is maintained mostly through sales offices in the capital Phnom Penh, relying on a network of local partners who distribute their imported products. Opportunities in the Cambodian Electrical and Electronic Equipment Industry will be highlighted and elaborated during the webinar.
The webinar is organized by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ) in cooperation with the OAV – German Asia-Pacific Business Association, and the European Chamber of Commerce Cambodia.