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Cambodia Eases Bank Lending Rules

October 8th, 2007 · No Comments

In a sub-decree signed by Prime Minister Hun Sen, the Cambodia government is now allowing investors to use long-term leases and land concession rights as collateral for bank loans according to People’s Daily Online.

The move is a step in the right direction for Cambodia as local investors can now leverage their assets and put money to work in other Cambodia investments to drive growth for the developing nation.

What is not clear is how the new lending rules effect lending with regard to Cambodia foreign direct investment. For more detail on foreign investment law with regard to Cambodia investment see: http://www.embassy.org/cambodia/invest/investmentlaw.html

Tags: Cambodia Economy

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