{"id":15,"date":"2022-08-20T15:07:23","date_gmt":"2022-08-20T15:07:23","guid":{"rendered":"http:\/\/localhost\/ncac_new\/?page_id=15"},"modified":"2024-08-23T05:35:17","modified_gmt":"2024-08-23T05:35:17","slug":"establishment","status":"publish","type":"page","link":"https:\/\/ncac.org.kh\/en\/about-us\/establishment\/","title":{"rendered":"Establishment"},"content":{"rendered":"
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\n\t

NCAC was established by Law on Commercial Arbitration promulgated by Royal Decree No. NS\/RKM\/0506\/010 dated 05 May 2006. In pursuant to such law, the Royal Government of Cambodia issued Sub-Decree No. 124 ANKr.PK dated 12 August 2009 on the Organization and Operation of the National Commercial Arbitration Centre and Sub-decree No. 182 ANKr.PK dated 31 December 2010 on the Amendments of the Sub-Decree No. 124 ANKr.PK. The Initial Arbitrator Selection Committee was created by Prakas of Ministry of Commerce No. 223 MOC\/SM2009 dated 12 October 2009.<\/p>\n<\/div>\n<\/div><\/div><\/div><\/div>

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Strategy<\/h4>\n

Strategy 1: Become Self-Sufficient<\/h5>\n
    \n
  • Diversify financial resources<\/li>\n
  • Enhance case management skills<\/li>\n
  • Create more valuable services to users<\/li>\n<\/ul>\n
    Strategy 2:\u00a0Stronger Arbitration Community<\/h5>\n
      \n
    • Increase greater appreciation of NCAC\u2019s roles<\/li>\n
    • Deepen collaboration with all stakeholders<\/li>\n
    • Increase pipeline<\/li>\n<\/ul>\n
      Strategy 3:\u00a0Integrate into International Community<\/h5>\n
        \n
      • Increase international engagement and presence<\/li>\n
      • Increase greater internationalism<\/li>\n<\/ul>\n
        Strategy 4:\u00a0Sustainable Development and Operation<\/h5>\n
          \n
        • Lay foundation for sustainable development of the centre and arbitration as alternative dispute resolution<\/li>\n
        • Innovate and invest in human resources and working tools<\/li>\n<\/ul>\n<\/div>\n<\/div><\/div><\/div><\/div><\/div>
          \n
          \n\t
          \n
          \n
          \n

          Vision:<\/h4>\n<\/div>\n<\/div>\n<\/div>\n
          To facilitate impartial and prompt resolution of commercial disputes in accordance with the will of parties; and to safeguard their legal rights and interests with the aim of enhancing sound economic development.<\/em><\/div>\n<\/div>\n<\/div><\/div>
          \n
          \n\t
          \n
          \n
          \n

          Mission:<\/h4>\n<\/div>\n<\/div>\n<\/div>\n
          \n
            \n
          • To achieve high user satisfaction through excellent services, state-of-the-art facilities and effective implementation of regulations and rules.<\/em><\/li>\n
          • To enhance the understanding of arbitration through collaboration with all stakeholders.<\/em><\/li>\n
          • To attain wide international presence by contributing to the development of harmonized dispute resolution mechanisms beyond national boundaries.<\/em><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div><\/div><\/div><\/div>
            \n
            \n\t
            \n
            \n
            \n

            Value:<\/h4>\n<\/div>\n<\/div>\n<\/div>\n
            \n\n\n\n\n\n\n
            Independence<\/strong><\/td>\nInnovation<\/strong><\/td>\n<\/tr>\n
            Impartiality<\/strong><\/td>\nIntelligence<\/strong><\/td>\n<\/tr>\n
            Integrity<\/strong><\/td>\n<\/tr>\n
            Internationalism<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div><\/div><\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"

            NCAC was established by Law on Commercial Arbitration promulgated by Royal Decree No. NS\/RKM\/0506\/010 dated 05 May 2006. In pursuant to such law, the Royal Government of Cambodia issued Sub-Decree No. 124 ANKr.PK dated 12 August 2009 on the Organization and Operation of the National Commercial Arbitration Centre and Sub-decree No. 182 ANKr.PK dated 31 December 2010 on the Amendments of the Sub-Decree No. 124 ANKr.PK. The Initial Arbitrator Selection Committee was created by Prakas of Ministry of Commerce No. 223 MOC\/SM2009 dated 12 October 2009. Strategy Strategy 1: Become Self-Sufficient Diversify financial resources Enhance case management skills Create more valuable services to users Strategy 2:\u00a0Stronger Arbitration Community Increase greater appreciation of NCAC\u2019s roles Deepen collaboration with all stakeholders Increase pipeline Strategy 3:\u00a0Integrate into International Community Increase international engagement and presence Increase greater internationalism Strategy 4:\u00a0Sustainable Development and Operation Lay foundation for sustainable development of the centre and arbitration as alternative dispute resolution Innovate and invest in human resources and working tools<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":13,"menu_order":12,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-15","page","type-page","status-publish","hentry"],"yoast_head":"\nEstablishment - National Commercial Arbitration Centre (NCAC)<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ncac.org.kh\/en\/about-us\/establishment\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Establishment - National Commercial Arbitration Centre (NCAC)\" \/>\n<meta property=\"og:description\" content=\"NCAC was established by Law on Commercial Arbitration promulgated by Royal Decree No. NS\/RKM\/0506\/010 dated 05 May 2006. 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