AVI POLICY BRIEF - National Housing Policies in Cambodia and Thailand: A

In addition, the availability of state-owned land in urban areas has allowed the government to provide land subsidies to private investors, making it attractive to the investors. [...] As a result of the low-price set in the affordable housing programme, local and foreign investors find the programme less attractive due to the low profit. [...] In October 2019, Minister of Commerce Jurin Laksanawisit told the Bangkok Post that the success of the policy was due to the collaboration of all the involved parties, from the government and private investors (Bangkok Post 2019). [...] The similarities include three aspects: the nature of the housing crisis, the investment policy, and the economic development. [...] To address the above problems, in 2012, the World Bank stated that to promote industrial and real estate sector investment, the Cambodian government needed first to improve the country’s infrastructure, especially the accessibility of water and energy supply (Warr and Menon 2016).