Arbitration has played an important role in providing individuals, businesses, and institutions an alternative option to effectively and efficiently resolve commercial disputes. Arbitration has grown popular among the business community over the past few years, especially in Cambodia.
Established in 2009 and officially launched in 2013, the National Commercial Arbitration Centre ("NCAC") is an independent and not-for-profit organisation, with a mission to facilitate resolutions for commercial disputes and support the development of the Cambodian economy. Since its launch, the NCAC has administered 31 cases (with six cases administered in 2022) and 100 arbitrators are registered with the organisation.
Nonetheless, it appears that many members of the business community in Cambodia are not fully aware of commercial arbitration in Cambodia or the services offered by the NCAC. In partnership with the NCAC, the European Chamber of Commerce of Cambodia is organising a Business CommunityForum on Commercial Arbitration in Cambodia with the aim to raise awareness on the subject and to share some insight on commercial arbitration in the context of certain specialised areas such as construction and corporate disputes.