Kingdom of Cambodia
Nation Religion King 

No. 80/ANK/BK   

                                                                                          
ANU-KRET
ON MEASURES RESTRICTING CERTAIN INVESTMENT SECTORS

 

The Royal Government of Cambodia: 

  • Referring to the 1993 Constitution of the Kingdom of Cambodia;

  • Referring to Reach Kret No. NS/RKT/1198/72 of November 30, 1998 on the formation of the Royal Government of Cambodia;

  • Referring to Reach Kram No. 02/NS/RKM/94 of July 20, 1994 promulgating the Law on the Organization and Functioning of the Council of Ministers;

  • Referring to Reach  Kram No. 03/NS/94 of August 5, 1994 promulgating the Law on Investment of the Kingdom of Cambodia; 

  • Referring to Anu-Kret No. 51/ANK/BK of June 26, 1995 on the Organization and Functioning of the Council for Development of Cambodia;

  • Referring to Anu-kret No. 88/ANK/BK of December 29, 1997 on the Implementation of the Law on Investment of the Kingdom of Cambodia and its amending Anu-Kret No. 53/ANK/BK of June 11, 1999;

  • Pursuant to the Political Platform of the Royal Government presented to the National Assembly on November 30, 1998; and

  • With the approval of the Council of Ministers during the Cabinet Meeting of August 27, 1999.

 

IT IS HEREBY DECIDED  

Article 1: The following investment sectors shall be restricted on the basis of national security, social welfare, or economic needs as listed in the sensitive list for the opening of industries and for the granting of national treatment in the attached annex.

Article 2: Any provisions contrary to this Anu-Kret shall be abrogated.  

Article 3:   The Minister in charge of the Office of the Council of Ministers, the Minister of Economy and Finance, the Council for the Development of Cambodia and all concerned ministries and institutions shall implement this  Anu-kret from the date of its signature.  

                                                                                    Phnom Penh, August 27, 1999

                                                                                    Prime Minister     
                                                                                    Signature and Seal 



                                                                                          HUN SEN

Submitted to Samdech Prime Minister

by the Senior Minister 
Minister of Economy and Finance 
 

Keat Chhon  
 

Annex 1  
Sensitive List for the opening up of industries  

ISIC

CODE

SECTORS/INDUSTRIES

REMARKS  
(RESTRICTIONS/ REQUIREMENTS)

I. Industries Closed to Both National and Foreign Investments

3698

Manufacture/processing of cultural items

Subject to prior approval from relevant Ministries

2021

Sawn timber, veneer, plywood, wood-based products utilizing local logs as raw materials.

No new license will be issued.

2411

DBSA Production.  
Toxic chemicals effecting health of community and impacting to environment.  
Production of toxic chemicals or utilization of toxic agents

- Subject to prior approval from Ministry of Health and related Ministries.  
-  Prohibited in accordance with an international treaty.

2429

Manufacture of psychothopic substance

-     Prohibited for the psychotropic substances listed in schedule I.

-     Subject to specific details provided by Ministry of Health and the psychothopic substances listed in schedule II and III.  

2429

Manufacture/processing of narcotic drugs

Prohibited

2927

Manufacture of weapons and ammunitions

National defense policy

N.A

Manufacture of firecracker and fireworks

Subject to control

N.A

Manufacture related to defense and securities

National defense policy

II. Industries Closed only to Foreign Investors, i.e., SME, National Policies

 

Nil

Nil

II. Industries Open with Restriction to Foreign Investors

1600

Manufacture of cigarette

Only of export (100%)

1551

Alcohol

Subject to prior approval from relevant Ministries

1320

Exploitation of gemstones

Subject to local equity participation

2691

Bricks made of clay (hollow, solid) and tile, ….

Subject to local equity participation

1531

Rice mill

Subject to local equity participation

2029

Manufacturing of wood and stone carving

Subject to local equity participation

1711

Silk weaving

Subject to local equity participation

IV. Manufacturing Related Services

2210

Publishing

 

2212

Publishing of newspaper, journals and periodicals

Subject to discussion with Ministry of Information and Ministry of Culture and Fine Arts

2213

Publishing of record media

 

2219

Other publishing

Foreign equity is restricted to maximum of 49%

2221

Printing

 

2222

Service activities related to printing

 

9213

Radio and television activities

 

V. Others

 

NIL

 

 

 

Annex 2  
Sensitive List for the Granting of National Treatment 

MEASURES

DESCRIPTION OF TREATMENT

Ownership of Land

-          Foreign can not own land. The land can be leased for 70 years, renewable.

Work permit

All foreign investors and foreign employees must obtain work visas and work permit.

Recruitment of personnel

Foreign investors shall give priority to Cambodian citizen in recruiting and hiring.

They have the right to employ skilled foreign personnel and experts who are not available in the Kingdom of Cambodia among the Cambodian people. But they are subject to Immigration Law and Labor Law.

  Annex 3  
Temporary Exclusion List for the opening up of industries  

ISIC CODE

SECTORS/INDUSTRIES

REMARKS  
(RESTRICTIONS/REQUIREMENTS)

 

I. Industries Closed to both Foreign and National Investments  
 

 

Nil

Nil

 

II. Industries Closed only to Foreign Investors, i.e., SME. National Policies  
 

 

Nil

Nil

 

III. Industries Open to Local and Foreign Investors with Restriction only to Foreign Investors  
 

 

Nil

Nil

 

IV. Manufacturing of Related Services  
 

 

Nil

Nil

 

V. Other Services  
 

 

Nil

Nil

                                                                                                                                                                  
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