Policy and Strategy
Cambodia Chamber of Commerce Drafting Investment Guidebook to Attract More FDI
The Cambodia Chamber of Commerce is currently compiling investment guidebooks for each province nationwide, aiming to help ease the business environment for investors, both local and international. As of today, the relevant institutions are focusing on finding input for investment guidebooks of two provinces, Siem Reap and Oddar Meanchey. The books aim to serve as […]
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Floods Damage More Than 90 Roads Nationwide
According to the Ministry of Public Works and Transport, as of 15 October, at least 90 roads or over 200 sections nationwide have been affected by floods. In the meantime, the ministry is temporarily fixing some sections and will re-evaluate some others after the waters recede. These damaged roads are at least 300 kilometres long […]
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To What Extent Can Foreigners Acquire Ownership of Co-owned Property?
To facilitate the business environment and foreign investment in Cambodia, especially in the construction and real estate sectors, the Cambodian government has established law regarding foreign ownership of co-owned buildings. To what extent can foreigners acquire ownership of co-owned buildings? Co-owned building refers to building or construction in which several co-owners live, such as condominiums, […]
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MPWT Discussing Port Draft Law to Boost Water Logistics
The Ministry of Public Works and Transport (MPWT) and other related institutions are discussing and reviewing the port draft law, aiming to enhance and control the water logistic system in Cambodia. The meeting was held on 14 October and chaired by Minister of Public Works and Transport HE Sun Chanthol. The main purpose of the […]
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Japan Grants 15 Construction Machines to Promote Infrastructure Development in Cambodia
The Government of Japan has handed over 15 road construction machines worth US$4.5 million to help improve road construction projects in Cambodia. The handover ceremony was held on 12 October and presided over by Ambassador of Japan to Cambodia and HE Sun Chanthol, Minister of Public Works and Transport. The grant comprises of 15 machines […]
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Cambodia Never Asks to Delay Loan Repayments from Foreign Creditors
Despite the COVID-19 crisis, Cambodia has never asked creditors to delay payment or disobey any international financial obligations, according to government spokesman HE Phay Siphan on 09 October. “As noted by Prime Minister Hun Sen, Cambodia is in a better position compared to some other countries in terms of financial status during the COVID-19 period. […]
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Half of Government’s Public Investment Allocated to Infrastructure Sector
The Cambodian government has approved 629 public investment projects, worth over US$12 billion, of which 50% has been allocated to infrastructure development, according to the 2021-2023 public investment bill approved by the cabinet on the morning of 09 October. Among all the projects, 203 projects are being implemented, using US$8.3 billion in capital. Meanwhile, the […]
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National Police Chief Urge Strengthening Security in Condos and Boreys
The National Police and the Phnom Penh Municipal Administration have issued eight new sets of guidelines for all real estate developers to practice, aiming at strengthening security and safety in condos and boreys across Phnom Penh city. The guidelines were announced during a joint meeting between the National Police Chief General Neth Savoeun and Phnom […]
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Defence Minister: Demolition of US-funded Defense Facility in Ream Not a Political Gesture
Deputy Prime Minister and Defence Minister Samdech Tea Banh clarified that the demolition of a US-funded Defence Facility in Ream last month is for development purpose with no intention to please any countries, according to AFP on 04 October. This explanation was made in response to the rumours claiming the demolition of this US building […]
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Sihanouk Provincial Hall Mulls Giving Land to 53 Koh Rong & Koh Rong Samloem Families
Sihanoukville Provincial Administration is working on the possibility of giving to land to 53 families who have proof of occupying land in Sangkat Koh Rong and Sangkat Koh Rong Samloem Province, according to the administration’s announcement on 19 September. The announcement stated that those 53 families are required to submit the proof or related documents […]
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