PHNOM PENH (The Phnom Penh Post/Asia News Network): The freshly-inked sub-decree implementing Cambodia’s new investment law brightens the kingdom’s lustre for investors and opens the way for its ambitions to become an “upper-middle income” economy by 2030 and join the “high-income” group by 2050.
On June 26, Prime Minister Hun Sen signed Sub-Decree No 139 on the Implementation of the Investment Law of the Kingdom of Cambodia, which was promulgated by Royal Code No NS/RKM/1021/014, dated Oct 15, 2021, according to an announcement from the Council for the Development of Cambodia (CDC).
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