CDC to attract more foreign investment through new investment law

The Council for the Development of Cambodia (CDC) has announced Cambodia is ready to facilitate all types of investment, especially foreign direct investment through its newly-enforced investment law.

CDC Secretary-General HE Sok Chenda Sophea said during the 6th “ASEAN-Italy High-Level Dialogue on Economic Relations” in Malaysia that Cambodia has been actively amending policies to help ease the business environment as much as possible, aiming to attract more investment.

He also expressed his gratitude to all company representatives who are interested in seeking investment opportunities in Cambodia.

The new Investment Law, which came into force at the end of 2021, is a framework of strong legislation that has provided many incentives for investment in Cambodia, he said.

 

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