Cambodia: A Place For Pioneer Investors

Cheap Labor, Pro-Business Climate Attracting Investors

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By Pauline Chiou CNN

Posted: 3:00 am EDT September 26, 2011Updated: 7:07 am EDT September 26, 2011

PHNOM PENH, Cambodia (CNN) -- The most common image of Cambodia is the land of ancient temples and budget travelers. There's now something else putting Cambodia on the map: foreign investors.

Cambodia's devastating recent history set the country back a generation. From 1975-78, the Communist Khmer Rouge killed intellectuals, destroyed the education system and pushed for an agrarian society that required families to be uprooted and separated.

By the end of the terror, between 1.7 million to 3 million Cambodians are estimated to have died at the hands of the Khmer Rouge. The Vietnamese occupation that followed and civil war between a weakened Khmer Rouge and the Cambodian government also stripped the country of stability for another two decades.

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