nd respond to investor's application past the above mentioned period of time shall be punished by law. This ensures equal investment opportunity.CHAPTER 4 Investment Guarantees Investors shall be treated in a non-discriminatory manner as set by law, except for ownership of land as set forth in the Constitution of the Kingdom of Cambodia. The Royal Government shall not undertake nationalization policy which shall adversely affect private properties of investors in the Kingdom of Cambodia. The Royal Government shall not impose price control on the products or services of investors who have received prior approval from the Government. The Royal Government shall permit investors to purchase foreign currencies through the banking system and to remit abroad these currencies for the discharge of financial obligations incurred in connection with their investments. CHAPTER 5 Investment Incentives Article 12: The Royal Government shall make available incentives to encourage investments in such important fields as: (1). Pioneer and/or high technology industries, (2). Job creation, (3). Export-oriented, (4). Tourism industry, (5). Agro-industry and Transformation industry, (6). Physical infrastructure and energy, (7). Provincial and rural development, (8). Environmental protection, and (9). Investments in Special Promotion Zone (SPZ) as shall be created by law. Incentives shall include the exemption, in whole or in part, of duties and taxes. CHAPTER 7 Employment Practices Investors shall be free to hire Cambodian nationals and foreign nationals of their choosing in compliance with the labor and immigration law. Investors shall have the obligation to provide adequate and consistent training to Cambodian employees.CHAPTER 8 Disputes and Dissolution Any dispute relating to a promoted investment established in the Kingdom by a Cambodian or a foreign national concerning its rights and obligations set forth in the Law ...
