World Air Conditioner Market – 2021 Update - Cambodia

Cambodia has recently attracted attention as Thailand-Plus-One and Vietnam-Plus-One due to lower labor costs than both those countries.

Cambodia’s tourism industry is relatively developed, driving demand for infrastructure construction. The Greater Mekong River Development Plan has brought many new projects to Cambodia; Cambodia originally planned to receive 8 million international tourists by 2020, and the development of tourism-related projects will also bring opportunities for the air conditioning industry.