Property developer Creed plots own course in Cambodia

Lack of local partners forces Japanese company to go it alone in thriving economy

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The Mekong River in Phnom Penh at sunrise

MASAYA MAENO, Nikkei staff writer

PHNOM PENH/TOKYO -- Toshihiko Muneyoshi, CEO of Japanese real estate developer Creed, leads a charmed life in Cambodia. His spacious home in northeastern Phnom Penh near the Mekong River -- purchased in 2012 for 60 million yen ($538,000) -- includes a 2-meter deep swimming pool and a live-in cook and chauffeur.

The residence is often the destination of powerful business leaders on visits from Japan, with whom Muneyoshi shares insights on Cambodia and the region.

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