The number of international tourists who arrived Cambodia 250,429 persons in August 2011, which is a 21.2% of
The Consumer Price Index (Phnom Penh) increased by 6.7% in September 2011 compared with the same month of 2010.
The consumer prices have significantly increased to
The preliminary results of the 2011 Economic Census of Cambodia (EC2011) were published by the National Institute of Statistics (NIS).
1. General Principles
There is no sector closed only to foreign investment.
2. Restrictions on Foreign Citizenship
Some restrictions on foreign citizenship in terms of investment activities are described below.
Ownership and Use of Land
Ownership of land by investors for the purpose of carrying on a QIP shall be vested only in natural persons holding Cambodian citizenship or in Cambodian entities but the use of land shall be permitted to investor, including concessions, unlimited long-term leases and limited short-term leases that are renewable. The investor is also admitted to have the right to own and pledge as security the real and personal property on the land (Article 16, “Amended Law on Investment”).
Employment of Foreigners
A QIP is entitled to obtain visas and work permits for the employment in Cambodia of foreign citizens as managers, technicians and skilled workers, if the qualification and expertise are not available in Cambodia (Article 18, “Amended Law on Investment”).
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