tnam and Laos (EUI Country Report 2000). Political EnvironmentPolitical Stability 39 Political parties competed in the July 1998 election (EUI Country Report). Only three parties, the CPP, FUNCINPEC and the Sam Rainsy Party, won seats. Lengthy negotiations followed but the opposition parties accused the CCP of election-related fraud (EIU Country Profile). Before a coalition could take place, political tensions erupted in September 1998 when the opposition took to the streets (EUI Country Report). King Sihanouk intervened and in November 1998 a coalition was agreed between the CCP and FUNCINPEC (EIU Country Profile). The CPP is politically the more dominant of the parties (EUI Country Report). The coalition government brought renewed political stability and the surrender of remaining Khmer Rouge forces. Many still doubt the prospects for political stability in Cambodia (EUI Country Profile).Law of Investment In Cambodia CHAPTER 1 General Provision This law governs all investments projects made by investors who are Cambodian citizens and/or foreigners within the Kingdom of Cambodia. Investor can be either a natural person of a legal entity. CHAPTER 2 Council for the Development of Cambodia The Council for the Development of Cambodia is the sole and one-stop service organization responsible for the rehabilitation, development and investment activities. The Council for the Development of Cambodia is the Royal Government's headquarter responsible for the evaluation and the decision-making on all rehabilitation and development, and investment project activities. CHAPTER 3 Investment Procedure Investors have to submit investment applications to the Council for the Development of Cambodia for review and decision. Response as to its decision to all investors/applicants within a period of forty five (45) days of submission of the complete investment application. Any Government officials who, without proper justification, refuse to review a...
