Located in the heart of Southeast Asia, Cambodia is bordered to the west and northwest by Thailand, to the northeast by Laos, to the east and southeast by Vietnam, and to the southwest by the Gulf of Thailand. Cambodia began its transformation from a planned economy to a free market economy in the late 1980s and has been one of the fastest growing economies among Asia’s developing economies in recent years. The US and the EU are Cambodia’s main export markets, while its main foreign investors include China, Vietnam, Japan and South Korea. The option of investing in Cambodia has increasingly drawn the attention of many companies owing to the country’s low wages and proximity to manufacturing sites in Thailand.