11월 5, 2018
Cambodian property insiders have welcomed a new measure that reinforces the government’s requirement that all commercial land sales and development projects must be registered with the proper authorities.
The Ministry of Land Management, Urban Planning and Construction announced on Tuesday that all land development activities must be approved by the authorities in advance.
The ministry said the current trend of selling off parcels of land or subdividing it, is inefficient and often conducted without approval.
The measure reinforces a previous directive signed by the minister, Chea Sophara, on May 11 that was aimed at promoting proper land management and ensuring the sustainability, balance and efficiency of land development and urban planning.
The parkas mandated that any land development project bigger than 30,000sqm must have a permit from the ministry, while projects smaller or equal to the figure must receive a permission letter from the city or provincial authorities.
Projects of less than 5,000sqm must have the approval of the town or district authorities.https://www.phnompenhpost.com/post-property/development-projects-land-sales-registration-move-gets-thumbs