Laws and Regulation
Cambodia Launches Ambitious Electric Vehicle Development Policy with Nearly 3,000 Vehicles Registered
The Government of Cambodia has launched the National Policy on the Development of Electric Vehicles Cambodia 2024-2030, with nearly 3,000 electric vehicles currently registered, according to the Ministry of Public Works and Transport on 25 June 2024. The policy aims to promote and guide the growth of the electric vehicle sector in Cambodia, featuring specific […]
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Cambodian Gov’t Drafting Law to Regulate Railway Land & Prevent Misuse
The Ministry of Public Works and Transport is actively drafting a sub-decree to regulate railway crossings and land use, aiming to mitigate congestion and facilitate development. This initiative was discussed during a meeting held by the Ministry of Public Works and Transport on 4 July 2024, attended by ministry leadership and a technical working group. […]
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EAC Mandates Self-Declaration for Solar Installers to Ensure National Electricity Balance
The Electricity Authority of Cambodia (EAC) has issued a notice requiring all consumers who have installed and used solar systems on their roofs without permission to submit a declaration regarding the use of their solar system. This directive is based on letter No. 085. PK.24, dated 5 July 2024, and aims to maintain a balance […]
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Gov’t Waives Fines for Housing Developments for One Year
The Cambodian Real Estate and Mortgage Regulator has announced a one-year waiver of fines for Borey and condominium projects, starting from 1 July 2024. This decision follows the guidance of Prime Minister Hun Manet and the outcomes of the 19th Royal Government of Cambodia-Private Sector Forum held on 13 November 2023. This announcement was officially […]
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PM Introduces New Law Boosting Gas Safety in High-rise Buildings
PM Hun Manet has introduced a new law to regulate gas usage in high-rise buildings, aiming to enhance public safety. This announcement was made during the groundbreaking ceremony for the construction of twin flyovers at the intersection of Samdech Techo Hun Sen Blvd. and National Road No. 2, at the border of Phnom Penh and […]
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Cambodia Introduces Tax Incentives to Integrate Informal Enterprises into Formal Economy
The Cambodian government has announced new tax incentives aimed at formalising the informal economy, targeting micro, small, and medium enterprises (MSMEs) in specific sectors. According to Sub-Decree No. 113, dated 21 May 2024, these incentives apply to businesses in wholesale, retail, and repair; accommodation and food services; craft; and agricultural communities, encouraging them to voluntarily […]
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PM Announces No More Casino Licenses in Central Kampot & Kep, With Few Exceptions, Except…
Samdech PM Hun Manet declared that no additional casino licenses will be issued for the central areas of Kampot and Kep, with few exceptions, on 6 June 2024, during the inauguration of the first phase of the Kampot Multi-Purpose Port Development Project. (Read more) The PM emphasised that, “From now on, we will not issue […]
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MEF Introduces Income Tax Incentives for Expanding Investment Projects
The Ministry of Economy and Finance (MEF) has issued new guidelines to provide income tax incentives for the expansion of qualified investment projects (EQIP), as outlined in Prakas No. 313 MEF.PrK.PD dated 10 May 2024. This move aims to stimulate economic growth by encouraging investment in various sectors. According to the Prakas, the incentive period […]
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Real Estate Regulator Warns of Legal Action Against Two Companies Evading Fines
The Real Estate Business & Pawnshop Regulator has issued a stern warning to two real estate companies, threatening legal action if they continue to evade fines for operating without a license. The regulator announced on 28 May 2024 that Chuan Yuan L (Cambodia) Development Co., Ltd., responsible for the Jovan City project in Sangkat Bak […]
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Gov’t Accelerates Resolution of US$737m in 14 Stalled Projects in Sihanoukville
The Cambodian government is expediting the resolution of 14 stalled projects in Sihanoukville, collectively valued at approximately US$737 million. This initiative aims to boost investment through incentives, concessions, mediation, and dispute resolution efforts. This information was disclosed in a meeting chaired by HE Hean Sahip, Secretary of State of the Ministry of Economy and Finance […]
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