A Red Carpet For Capitalists...As A Red Army Of Horror Fades

One of the first foreign investors who ventured into a newly welcoming Cambodia keeps by his desk an advertisement listing the dream business conditions being offered. Amin Khan, chief operating officer of Royal Air Cambodge, rattles off such lures as a corporate tax of 9%, tax holidays of up to eight years, and no import duties. "In terms of the incentives, it's very lucrative" to invest in Cambodia, Amin says.

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