Cambodia urged to establish Commercial Court and Bankruptcy Framework to unlock over $5 Billion in Distressed Assets
Business

Cambodia urged to establish Commercial Court and Bankruptcy Framework to unlock over $5 Billion in Distressed Assets

Cambodia's business community is calling for the establishment of a specialized Commercial Court and bankruptcy framework to resolve over $5 billion in distressed assets, boost lending, and restore investor confidence. Delays in current legal processes are identified as a hindrance to economic growth.

This article requires PRO

This article is outside the free access window or is a special report. PRO unlocks it and the full archive.

  • Cambodia Approves $8.4B in Investments, Resuming Stalled Projects in Sihanoukville

    The Cambodian government has approved approximately $8.4 billion in investments, leading to the resumption of over 100 stalled construction projects in Sihanoukville. This initiative aims to revitalize the real estate market and restore investor confidence.

  • Cambodia Streamlines SME Registration with New One-Stop Service Agency

    The Cambodian government has established a dedicated secretariat within the SME Coordination Unit to simplify registration, licensing, and permit application processes for Small and Medium Enterprises (SMEs). This initiative aims to create a one-stop service, reducing complexity, time, and costs for businesses.

  • Cambodia Strengthens Water Resource Cooperation with World Bank to Tackle Climate Change

    Cambodia's Ministry of Water Resources and Meteorology has announced an enhanced cooperation with the World Bank, focusing on addressing challenges in the water resource sector impacted by climate change. Two projects, the Cambodia Agricultural Sector Diversification Project (CASDP) and the Cambodia Water Security Improvement Project (CaWSIP), are currently underway.

  • Sihanoukville's Stalled Projects Revive, Over 100 Underway

    Over 100 stalled construction projects in Cambodia's Sihanoukville province have resumed after government incentives, with nearly 100 more in procedural preparation. The province has seen significant investment, but a past real estate boom reliant on Chinese buyers led to a market crash, highlighting the need for diverse investment and clear policies for recovery.