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ខ្មែរ Laws and Regulation
Gov’t Hands Over Residential Titles With Tax Exemption To Over 1,200 families From Borei Keila
- 3 February 2023
The government has handed over ownership titles for more than 1,200 families living in the Borey Keila complex, along with tax exemptions. Phnom Penh Governor HE Khuong Sreng said on 3 February that the decision was made by Prime Minister Samdech Hun Sen with the aim to reorganise the city and give proper residences to citizens. There are a total of 1,392 private units in the eight Borei K...
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Gov’t urges real estate businesses to submit report on time
- 2 February 2023
The Real Estate and Pawnshop Business Regulator (REPBR) has recently reminded all real estate developers, real estate service providers and pawning businesses to submit regular and accurate reports; otherwise will face fines. These businesses must report directly to REBPR located at the UN building. No. 168F (7th floor), Street 598, Sangkat Chrang Chamnan 1, Khan Russey Keo, Phnom Penh, every w...
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Inter-Ministerial Committee to Attract New Investors to Redevelop Unfinished Buildings in SHV
- 27 January 2023
The Inter-Ministerial Committee has set out a policy framework to resolve the more than 1,000 unfinished buildings in Sihanoukville by attracting new investors to complete the development of those buildings, through tax incentives and out-of-court dispute resolution. The committee approved the draft at a meeting held on 19 January 2022, according to HE Chea Kok Hong, Project Director at the Mi...
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Gov’t Reclassifies 300ha of Tonle Sap Area Land for Aquaculture & Tourism Development
- 27 January 2023
The Cambodian government has reclassified 300 hectares of land from the second and third zones of the Tonle Sap Area to develop into aquaculture and tourism projects. The 300 hectares of land will be under the administration of the Kampong Chhnang Provincial Administration and the Ministry of Agriculture, Forestry and Fisheries, according to a press conference on 26 January. The provincial...
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Gov’t Issues New Prakas to Further Monitor Real Estate Service Business
- 24 January 2023
The Non-Banking Financial Services Authority has issued a new Prakas to strengthen the management and control of the real estate services business in Cambodia. According to the new Prakas No. 064 dated 27 December 2022, real estate services refer to real estate management services, appraisal services, and real estate agency services. All real estate service businesses must have a license a...
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Incentives of new investment law
- 20 January 2023
New investment law has been publicly promulgated since October 2021, which is universal to increase revenue collection by embracing long-term business and attracting new investment. (Read more) Particularly, this new law has provided many favourable conditions on tax and customs for qualified investment projects (IQP). (Read more) Besides, it also has many special guarantees for investors an...
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Gov’t Establishes 29 New Villages in Kratie Province
- 16 January 2023
The Ministry of Interior has established 29 new villages in Kratie province's Snuol district to facilitate local management and development. According to Prakas No. 6946, these new villages are taken from existing villages of some communes of Snuol district, including: - Dangrek village and Trapeang Chhouk village in Khum commune - Samaki village, Rovieng Chey village, O'Bob Rong villa...
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Gov’t approves draft law to transform Sihanoukville into “Multi-Purpose Special Economic Zone”
- 13 January 2023
The Royal Government of Cambodia has fully approved the draft "Land Management and Use Policy for the Development of Sihanoukville as a Multi-Purpose Special Economic Zone 2022-2038". The draft law was approved at a cabinet meeting on January 13 chaired by Samdech Techo Hun Sen, Prime Minister of Cambodia, the government’s spokesman HE Phay Siphan said. The policy is aimed to direct and dete...
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Gov’t Approves Draft Law on Clean Water Management
- 13 January 2023
The Council of Ministers has approved the draft law on clean water management, which will strengthen the management system and ensure the provision of clean water supply services in the country. The draft law was approved at a cabinet meeting chaired by Prime Minister Samdech Hun Sen on 13 January. The management and development of the water sector is an important basis for sustainably res...
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MPWT Vows to Boost Cambodia’s Transport Sector Further in 2023
- 6 January 2023
The Ministry of Public Works and Transport (MPWT) has approved 112 new action plans for 2023 to boost the transport sector further, according to an official meeting on 5 January. Director General of the General Department of Administration and Finance HE Ken Ratha said that the 112 new action plans will focus on activities to improve the efficiency of administration, staff and financial manage...
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