Minister of Commerce, Senior Minister Sun Chanthol and vice president of the Council Development of Cambodia On the morning of 24 December 2013 was met with a group of investors from Shanghai.
All these investor group are Shanghai Bailian Group Co. Ltd., Jinjiang International (Group), áž“ Orient International Holding Co. Ltd., Shanghai Xian Dai Architectural Design (Group) Co. Ltd., and East China Architectural Design and Research Institute( ECADI)។
The source from Commerce Ministry said that delegation informed the minister Sun Chanthol about their interest in investment on supermarket (Shopping Mall) and hotels in Phnom Penh and Siem Reap town .
In response , the Minister expressed his willingness to support the project which is raised and urged investors to make a decision on the their investment request and sent to CDC for review and approval .
The same source said Minister Sun Chanthol also informed and explained to the delegation of the good reasons to invest in Cambodia which is more favorable and encouraging investment provided by the law are:
The company 's tax rate is 20 % , the tax holiday until 9 years , the absolute duty , no control on the exchange , no restrictions On sending profits abroad , no restrictions On investment , and no restrictions On the ownership of the company .
The minister added that Council (CDC) acts as the investment agent one window of TO facilitate Foreign investors . Investment law And agreement on the protection Cambodia 's bilateral investment Protection to foreign investors .
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