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ខ្មែរ Policy and Strategy
BRI Forum Brief: China Shifts from Building Major Infrastructure to Focusing on Digital Connectivity
- 19 October 2023
In an era of evolving global dynamics, China's Belt and Road Initiative (BRI) is poised for a transformative second decade, signaling a shift towards more efficient, market-oriented, and less debt-burdened projects. President Xi Jinping's recent pronouncement on the future of BRI as "small yet smart" is underpinned by valuable lessons learned. This strategic shift comes as a response to past chall...
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Cambodia’s Industrial & Agricultural Sectors Receive Special Electricity Discounts to Boost Production
- 21 September 2023
The Ministry of Mines and Electricity of Cambodia, in conjunction with the Electricity Authority of Cambodia, has announced a significant reduction in electricity prices for industrial and agricultural consumers nationwide. This strategic move aims to stimulate the expansion of production, factories, and enterprises, ultimately generating employment opportunities and income for the population. Thi...
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New Minister of Tourism Unveils Three Bold Strategies to Attract 6.4 Million Global Visitors by 2025
- 28 August 2023
A triad of strategic pillars is set to propel the nation towards its tourism zenith. The unveiling of these strategies marks a resolute stride towards welcoming 6.4 million international tourists and embracing 16.7 million national tourists by the year 2025. The confluence of ambition, strategy, and unity was revealed in a landmark meeting graced by HE Senior Minister Thong Khon and HE Minister So...
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Gov’t Grants 322 Hec of Social Land Concessions in Rolea Bier District, Kampong Chhnang Province
- 10 July 2023
The Ministry of Land Management, Urban Planning, and Construction, in collaboration with the Kampong Chhnang Provincial Authority, has allocated 322 hectares of land as a judging area for land identification, classification, and registration in Prasnup commune, Rolea Bier district. This announcement, made on July 6, 2023, marks a crucial milestone in the implementation of the Land Allocation for S...
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Delegation of Investment Approval Powers to Provincial Level Empowers Provinces to Attract Investments
- 17 June 2023
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...
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The Gov’t Grants Hope and Prosperity to Landless Individuals in Sesan District with over 3,000 hectares of land concession
- 8 June 2023
In a resolute effort to address the plight of landless individuals and provide them with secure housing and farming opportunities, the Sesan District Authority has meticulously prepared over 3,000 hectares of social land concessions. This groundbreaking initiative aims to uplift the lives of the underprivileged by granting them access to land for residential and agricultural purposes within three ...
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PM Hun Sen Inaugurates State-of-the-Art Royal Academy of Justice in a Monumental $5 Million Ceremony
- 6 June 2023
Under the presidency of Prime Minister Hun Sen, two magnificent buildings of the Royal Academy of Justice have been officially unveiled, standing proudly on a sprawling 2-hectare expanse with an astounding value of over $4 million. The grand inauguration took place on June 6, 2023, marking a significant milestone in Cambodia's judicial landscape. The first of the two edifices is the "Multipurpo...
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GOV’t Grants Property Tax Exemption for Four New Cities Until the End of 2023
- 6 June 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...
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Efficiency Enhanced: Port EDI System Mandated for Ships Entering Cambodian Ports
- 2 June 2023
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...
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Why Would a 10-Year Golden Visa for Investors Not Popular?
- 12 May 2023
Since its launch last year, Cambodia's 10-year golden visa, designed to entice foreign investors, has struggled to gain traction. Industry experts attribute this lukewarm response to the existence of easier and more cost-effective visa alternatives available to investors. Introduced on July 22, 2022, the long-term visa program is was created with the aim of attracting executives, professionals,...
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