Cambodia has one of the fastest growing economies in the world bolstered by a massive construction boom. Cambodia continues to represent significant potential and appeal for foreign investors, with GDP expanding by 7.0% in 2015. In 2015, the country’s mobile penetration rate reached 167% with over 25 million mobile subscribers in total.
Smart Axiata Company Ltd
Smart has a subscriber base of approximately 7.6 million. Total operating expenditure for 2015 was USD117 million, while capex spend was USD60 million. In 2015, Smart contributed USD275 million or 1.5% of GDP to Cambodia’s economy.
In 2015, Smart supported the employment of more than 40,000 people, of which 931 were directly employed. Smart focuses on supporting the corporate responsibility activities of the banking, micro finance and insurance, manufacturing and hospitality sectors.