Council for the Development of Cambodia Empowers Subnational Investment Committees

• 14 March 2025
• Local News
• 760 Views

In a significant move to streamline investment processes, the Council for the Development of Cambodia (CDC) has announced the delegation of authority to capital and provincial investment subcommittees to register investment projects under the Cambodian Investment Project Management System (cdcIPM). This initiative is set to take effect in the third quarter of 2025.

On 7 March, the CDC’s expert working group, along with representatives from relevant institutions, convened for a technical consultation to assess the integration of the data-sharing system and the registration procedures for investment projects at the subnational level. This collaboration aims to enhance efficiency and transparency in the investment registration process.

As part of the preparation for this rollout, the CDC working group is actively coordinating data-sharing efforts with inter-ministerial institutions. Training and pilot initiatives are expected to begin in the second quarter of 2025, laying the groundwork for the official launch in the latter half of the year.

The cdcIPM system was officially introduced in November 2024, allowing investors to apply for projects anytime and from anywhere, thereby facilitating investment tasks while reducing time and ensuring accuracy. Currently, subnational investment projects not exceeding 5 million VND must be registered through the Capital-Provincial Investment Sub-Committee. (Read more)

The CDC remains committed to enhancing the business and investment climate in Cambodia, focusing on disseminating investment laws, welcoming foreign investment, and simplifying procedures. The digitalisation of public service delivery continues to be a key priority in this ongoing effort to create a conducive environment for investment.

• Policy and Strategy