Seventeen investment projects in Preah Sihanouk province, with a total capital of $280 million and the potential to create around 2,000 jobs, have been approved for special incentive policies under the “Special Investment Promotion Program in Sihanouk Province”.
As of September 2025, the Working Group on Investment Promotion in Preah Sihanouk province had approved incentives policies for a total of 392 investment projects, with a combined capital of approximately $7.8 billion, which could create more than 50,000 jobs.
On September 30, Hean Sahib, secretary of state at the Ministry of Economy and Finance and head of the provincial investment working group, chaired a working group meeting at the ministry headquarters.
The meeting aimed to review requests for incentives, facilitation of legal procedures and resolution of disputes concerning investment and business projects in the province. Senior officials from the government, the provincial administration and other stakeholders participated.
Sahib explained that as in previous sessions, the working group would review new submissions, with the understanding that it would support successful applicants.
The incentives include tax and customs incentives, support with licenses, permits, certifications and company registrations, as well as factory launches, enabling investors to operate smoothly in Preah Sihanouk.
“First, the working group will provide incentive policy; second, we will focus on turning these policies into real, tangible support; and third, we will prioritise maximising the use of local labour and domestic raw materials. This is aimed at enabling Cambodia to eventually take full ownership of its production capabilities in terms of volume, quality and diversity of goods,” noted Sahib.
During the meeting, 17 projects were approved, including 10 previously stalled construction projects, 5 new projects and 2 existing projects.
Among them are a mixed-use commercial centre, an aluminium processing factory, a feed production plant for livestock, a multi-functional building and a hotel project.
From 2024 to September 2025, the working group approved incentive policies for a total of 392 investment projects, with an estimated total capital of $7.801 billion, potentially creating 50,670 jobs.
These include 186 previously stalled buildings, 166 new investment projects, 25 expansion projects and 15 existing investment projects.
In addition to issuing incentive policies, the working group has also facilitated support such as enterprise registration, exemptions from stamp tax, property tax, income tax, permission to import construction materials tax-free (borne by the state), exemption from public service fees for licensing and registration of qualified investment projects.
