Cham is part of the economic region ZUGWEST, helping companies to settle locally. Businesses also benefit from a low municipal tax base of 61%. Superbly located on the northern shore of Lake Zug with a population of around 16,000, the municipality of Cham is considered an extremely attractive residential and business location. Recreational activities are also provided for by the nearby Villette Park and various clubs. In 1991, the municipality was awarded the Wakker Prize for its far-sighted and ongoing open space planning. Cham is also a “Gold energy town” due to its innovative and progressive outlook.