Opportunities for foreign investment in multipurpose developments in Cambodia

Gavin Batcheler, Senior Counsel at VDB Loi Cambodia office, has contributed an article for Lawyer Monthly for its May 2013 edition.

Cambodia is undergoing an unprecedented opportunity for foreign investors and property developers.

Although the co-ownership of immovable property has been recognised in Cambodia since the passing of the 2001 Land Law, a dramatic change occurred in 2010 when Cambodia first permitted foreign investment in co-owned buildings and the introduction of the new Civil Code in 2011. We are now starting to see how this change in the co-ownership law is being interpreted in Cambodia and the opportunities it presents to foreign developers.