New 3 Year Visas for Chinese and Korean investors.

CEOCambodiaNews · Post by **CEOCambodiaNews** » Sun Dec 04, 2016 9:30 am

The government will offer three-year, multiple-entry visas to Chinese and South Korean investors in an effort to make doing business easier and increase investment in the Kingdom, the premier said during the first Cambodia-China Business and Financial Development Forum in Phnom Penh yesterday.

Speaking to about 300 Chinese and local businesspeople, Prime Minister HE said that Chinese and South Korean investors would no longer have to obtain a new visa for every trip to the Kingdom.

Instead, with the new extended visa, they will only get their passports stamped when they arrive and depart the country.
“I offer Chinese and [South] Korean investors a multiple-entry visa for three years to walk in and out of Cambodia,” Mr. HE told the forum...

http://www.khmertimeskh.com/news/32699/ ... --koreans/

Raybull · Post by **Raybull** » Sun Dec 04, 2016 12:05 pm

“Now when the government offers this, Chinese and [South] Korean investors will no longer be bothered. When it’s convenient traveling to Cambodia and there’s a favorable investment law, they will invest in Cambodia,” Mr. Rithy said.
What exactly do they mean by favorable investment law? As in nearly no laws is favorable for business?