Laws and Regulation
GDT Prepares to Impose New Tax Base for Stamp Duty
The General Department of Taxation (GDT) has been preparing to impose new tax base for stamp duty on property transfer through the launches of a series of seminars, according to a recent press release.
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Government Approves Three Electricity Plants
The government approved three electricity projects on 05 April 2019 in Pursat and Kompong Chhnang provinces with an investment capital of more than US$347 million, according to the Government Spokesperson Unit.
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Government Terminates Royal Group’s National Railway Contract
The Royal Government of Cambodia has decided to end the contract of Cambodia Royal Railway for the operation of Cambodia’s railway, according to an announcement by Samdech Techo Hun Sen, Prime Minister at the 18th ‘Government-Private Sector Forum’ held at the Peace Palace on 29 March 2019.
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Government Establishes Two Working Groups for Construction and Real Estate
The government has set up two working groups from the public and private sectors to find solutions for construction and real estate problems that might hinder businesses in these sectors.
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Vietnam to Approve National High Speed Rail Link
Final plans for a US$56bn high-speed rail link between Hanoi and Ho Chi Minh are expected to be approved by the Vietnamese National Assembly in 2019.
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Measures Set for Hotels, Restaurants and Construction
The government, through the National Committee for Cambodia Bay Management and Development, is setting out measures for hotels, restaurants and construction in Sihanoukville, according to the Ministry of Land Management Urban Planning and Construction (MLMUPC) on 25 March 2019
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Cambodia Agrees in Principle to Japanese Smart Cities Network
The Cambodian government has approved in principle the Japanese Smart Cities Network initiative, according a letter by the Council of Ministers released on 11 March 2019.
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Government May Suspend Land Transactions Around New Phnom Penh Airport Site
The government may suspend land transactions in areas that hinder the development process of the new Phnom Penh International Airport in Kandal and Takeo provinces, according to the outcome from the first meeting of the specialised Committee in charge of the US$1.5 billion project.
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Pm Orders Two Ministries to Create a Public Order Law
In a bid to build a green city, Cambodia Prime Minister Samdech Techo Hun Sen ordered the Ministry of Interior and the Ministry of Land Management Urban Planning and Construction (MLMUPC) on 25 February 2019 to work on establishing a public order law.
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Government Establishes Committee to Facilitate New Phnom Penh Airport Project
The government has decided to establish the 'New Phnom Penh International Airport Assembly Sites Committee’ to facilitate the US$1.5 billion construction project located in Kandal Stueng district, Kandal Province, according a decision dated 18 February 2019.
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