Investment law change-up

29 November 2013
The Phnom Penh Post
Economic policy and administration / Economy and commerce / Government / Law and judiciary / Laws and regulations / Ministries and other national bodies / Ministry of Commerce / Taxation
CDC / Council for the Development of Cambodia / Ministry of Commerce department of customs / Raffles Hotel Le Royal / Sok Chenda

Following the announcement of recent reforms to Cambodia’s customs department and Commerce Ministry, a revision of the country’s investment law is planned for next year, according to the secretary-general of the Council for the Development of Cambodia (CDC).

Speaking to reporters at a workshop at the Raffles Hotel Le Royal in Phnom Penh yesterday, Sok Chenda said Cambodia’s investment climate needed a revamp. …

In October the government set a 60-day deadline for the customs department to clean up corruption, while earlier this week the minister of commerce announced reforms that would reduce red tape for exporters in Cambodia.

A panel discussion including private sector representatives also voiced their reform priorities at yesterday’s workshop. …

 Hor Kimsay
http://www.phnompenhpost.com/business/investment-law-change