Siem Reap is the fastest growing business market in Cambodia, according to the distributors of LG electronics.
G Gear Co Ltd recently opened Siem Reap’s first dedicated LG shop, citing an explosive growth in potential business in the town.
“This is because of the rapid growth of hotel and restaurant investment to align with the increasing numbers of both local and international tourists,” says deputy company director, Hor Hab. “LG products are already accepted and used in many hotels and restaurants and other buildings. This is the time that we need to come and support our customers.”
He added that the healthy business environment should lead to more retail outlets opening their doors.
“Personally, I believe LG competitors will be coming soon. In Cambodia, LG is always the pioneer for most things,” he said. “We see that retail business is very important, because we can provide more ranges of products for customers to choose. I believe people will buy more branded products, because they can see the quality and they can feel the products before they decide to buy.”
LG has been selling in Cambodia since 2007, but has only recently started to open branches.