Tuesday, 16 February 2010

Finance expert recommends gap year in Cambodia


via CAAI News Media

Posted 15 Feb 2010

People looking to take their gap year on the road less travelled may want to head to Cambodia, where the economy is beginning to emerge.

According to Douglas Clayton, founder of frontier market fund manager Leopard Capital, the Asian country is experiencing one of the world’s fastest financial growths at the moment, making it gradually more popular for visitors.

"It’s fun to be in countries that are changing rapidly. Cambodia is where Thailand was 30 years ago and where Vietnam was 15 years ago. There is a lot going on," the expert told the Financial Times.

He added that although there is still no coherent public transport system in place in the capital city of Phnom Penh, the area has developed from a "ghost town" to a "thriving city" in a short space of time.

It was recently suggested that travellers taking a gap year or volunteering abroad in Cambodia this year may like to immerse themselves in one of the country’s most lavish celebrations – Khmer New Year – which spans three days from April 14th.

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