Land Ministry Signs Mou With Eurocham on Urban Planning

• 31 December 2015
• Local News
• 1269 Views

The Ministry of Land Management, Urban Planning, and Construction (MLMUPC) and the European Chamber of Commerce in Cambodia (EuroCham) signed a Memorandum of Understanding (MoU) on Urban Planning on 27 July.

H.E Chhan Saphan, Secretary of State represented H.E Im Chhun Lim Senior Minister and Minister of Land Management, Urban Planning and Construction and Mr. Emmanuel Menanteau, Chairman of the European Chamber of Commerce, attended the signing ceremony along with a number of representatives from both institutions.

The MoU defines a framework of cooperation between the Ministry of Urban Planning and Construction and the European Chamber of Commerce on a number of priority areas.

These areas include providing assistance and guidance in the development of a legal framework and regulatory norms for the cadastral and real estate sectors for greater efficiency, with a view to increasing levels of investment as well as of confidence by investors and developers in the Kingdom of Cambodia and providing guidance in relation to the laws and procedures surrounding strata titles.

The MoU also focuses on preparing additional regulatory norms and urban planning standards and support in defining a Spatial Planning, a master plan and a land use planning for Kratie and Kampot provinces.

Finally, the agreement provides assistance in classifying types of construction companies, constructors, consultants, and qualified professionals and promotes human resource development and experience sharing.

At the signing ceremony H.E Pen Sophal said that the MoU reflects the partnership between the public and private sectors in promoting standards, in improving the investment environment in the real estate and construction sectors, and in attracting more EU investors to Cambodia, according to AKP.

Mr. Emmanuel Menanteau stressed that Eurocham is committed to helping Cambodia in the areas of engineering and construction quality and safety.