Laws and Regulation
Delegation of Investment Approval Powers to Provincial Level Empowers Provinces to Attract Investments
In a significant move to foster economic growth and generate employment opportunities at the local level, Samdech Hun Sen, Prime Minister of Cambodia, announced that the government has decentralized the authority to review and approve investment projects valued at up to US$5 million to provincial authorities. This delegation of powers is aimed at attracting investments and encouraging the establis...
Read MorePM Hun Sen Asks Borey Owners to Restructure Installment to Financially Hit-Bory Buyers
PM Hun Sen has called on the owners of Boreys and flat houses to implement flexible measures to the difficulties of the people who are late in paying instalments and to restructure instalments to buyers. In a meeting with more than 10,000 garment workers in Kampong Chhnang province on June 9, Samdech Techo introduced his assistants to a list of which Bory confiscated people's houses after the p...
Read MorePM Hun Sen’s Resolute Stand: Combating Illegal Encroachment on Forest Land
In a powerful message that resonated across the nation, PM Hun Sen issued a stern warning against the illegal encroachment of forest land by influential individuals. The special address, spanning over four minutes, was delivered on the evening of June 5, 2023, sending a resolute message to those who dared to exploit Cambodia's natural resources unlawfully. Expressing deep concern over reports o...
Read MoreGOV’t Grants Property Tax Exemption for Four New Cities Until the End of 2023
In a significant move that aims to foster growth and development in Cambodia's newly established cities, the Ministry of Economy and Finance has announced a property tax exemption until the end of 2023. Prakas No. 329 MEF, dated June 1, 2023, outlines this beneficial measure. The property located in Udong Mechey town of Kampong Speu province, Arey Ksat and Sampov Poun town of Kandal province, a...
Read MoreEfficiency Enhanced: Port EDI System Mandated for Ships Entering Cambodian Ports
Cambodia government has recently implemented a significant regulatory measure, mandating that all ships entering Cambodian ports, including the Phnom Penh Autonomous Port, Sihanoukville Autonomous Port, and other ports, must apply for a permit through the Port Electronic Data Exchange (Port EDI) system. This initiative, established under Sub-Decree No. 112 issued on 1st June 2023, aims to strea...
Read MoreGOV’t Announces Waiver of Three Key Construction and Land Fees
In a groundbreaking move aimed at promoting the growth of the construction and land sectors, the Ministry of Economy and Finance, together with the Ministry of Land Management, Urban Planning, and Construction, has announced the exemption of three significant public service fees. This notable development is in accordance with the Inter-Ministerial Proclamation No. 312 សហវ.ប្រក.អទច issued on 22nd M...
Read MorePM Hun Sen reiterated his stance against allowing exclusive telephone or internet service providers in Borey
Prime Minister Hun Sen reiterated his stance against allowing exclusive telephone or internet service providers within residential developments, during the inauguration ceremony of the new location of the Royal University of Fine Arts in Phnom Penh on 24th May 2023. The Prime Minister emphasized the importance of ensuring accessibility and convenience for residents by fostering cooperation between...
Read MoreCambodia Strengthens Investment Climate with New Tax Law Approval
In a momentous move that underscores Cambodia's commitment to fostering a favorable investment climate, the draft tax law has been officially approved and promulgated, garnering the signature of the esteemed King of the Kingdom of Cambodia on 16th May 2023. This new legislation comprises 20 comprehensive chapters and 255 articles, meticulously designed to facilitate, improve, and address gaps w...
Read MoreCambodia Unveils New Draft Law on Special Economic Zones to Boost Diversification and Industrial Connectivity
In an exciting development, the Council for the Development of Cambodia (CDC) has recently completed the drafting of a comprehensive law on special economic zones (SEZs), poised to be launched in the near future. This momentous step towards economic diversification and enhanced industrial connectivity was announced by HE Chea Vuthy, Deputy Secretary-General of the CDC's Cambodian Investment Com...
Read MoreCollaborative Efforts Unleashed: 30 Protected Area Management Projects Unveiled in 7 Provinces
In a momentous display of collaboration, the Ministry of Environment and the Ministry of Rural Development have joined forces to initiate the Cambodia Sustainable Landscape and Ecotourism Sustainability Project (CSLEP) across 30 protected areas spanning seven provinces. The remarkable initiative was highlighted during the "Ensuring Safety, Environment, and Society" training course held on 11 May 2...
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