Private Solutions for Infrastructure in Cambodia: A Country Framework Report

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Public-Private Infrastructure Advisory Facility
World Bank Publications, Jan 1, 2002 - Business & Economics - 84 pages
Infrastructure plays a crucial role in supporting Cambodia's growth and development. Improving access to efficient and affordable water, electricity, transport, and telecommunications services has a major impact on the living standards of individual households. This Country Framework Report (CFR) is one of a series of country reviews aimed at improving the environment for the private sector involvement in infrastructure. This book describes and evaluates the current status and performance of key infrastructure sectors and the policy, regulatory, and institutional environment for involving the private sector in infrastructure sectors. It also helps policymakers to establish future reform and development strategies.
 

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Page 66 - Cambodia is a party to the 1958 New York Convention on the Recognition and Enforcement...
Page 79 - The right to confiscate properties from any person shall be exercised only in the public interest as provided for under the law and shall require fair and just compensation in advance" (Cambodian Constitution, Article 44).
Page 67 - No formal restrictions are placed on the level of foreign participation in Cambodian companies. As a result many foreign investors choose to establish 100 percent foreign-owned limited liability companies in Cambodia.
Page 80 - Designing Direct Subsidies for Water and Sanitation Services — Panama, a Case Study." Policy Working Paper. World Bank, Washington, DC. Garn, Mike, Jonathan Isham, and Satu Kahkonen. 2000. "Should We Bet on Private or Public Water Utilities in Cambodia? Evidence on Incentives and Performance from Seven Provincial Towns.
Page 80 - ADB (Asian Development Bank). 1997. Second Water ( Utilities Data Book: Asian and Pacific Region.
Page 8 - MPTC, shares in the ownership of all mobile services, the fixed line network, and the international gateways. It also sets telecommunications policy and acts as the regulatory agency. The telecommunications sector faces a number of challenges, including a lack of transparency in the process for awarding licenses; the forced large-scale revenue sharing between private operators and the MPTC; the government's conflicting responsibilities of ownership, policymaking, and regulation; and the low-use,...
Page 77 - ... a voucher tied to expenditure on the specified service. Cash payments and tax deductions may be efficient means of meeting distributional objectives, but may raise concerns about the subsidy being expended on items other than intended.
Page 77 - For example, rights (and obligations) to provide subsidized services may be allocated through competitive auctions to the bidder demanding the lowest subsidy, as in rural electrification and rural telephony in Chile (see Jadresic 2000; Serra 2000;Wellenius 1997) and passenger railways in Argentina.

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