A total of 24 investment projects, with investment capital of approximately $208 million and the potential to create more than 3,000 jobs, were granted special incentive approval under the government’s “Special Investment Promotion Program in Sihanouk Province” by the Cambodian government in early 2026.
To date, more than 400 investment projects in Preah Sihanouk province have received special incentive approval from the government.
The decision was made during a meeting held at the Ministry of Economy and Finance on January 13, chaired by ministry secretary of state Hean Sahib, who heads the programme.
During the meeting, 25 investment projects in Preah Sihanouk province, with total investment capital of $1.017 billion, were reviewed.
The attendees agreed in principle to grant special incentives to 24 projects, including eight projects related to stalled buildings, 15 new projects and one expansion project.
They include factories for manufacturing and assembling cooking equipment as well as producing oil for the rubber-processing industry, medical equipment manufacturing plants, fishmeal processing factories, multifunctional buildings and shared residential buildings.
Sahib noted that after granting principal approval for special incentives, the task force and relevant ministries and institutions must continue to assist in resolving issues and requests, streamlining procedures and providing concrete incentives.
These include tax incentives, customs facilitation and the issuance of licenses, permits and certificates, as well as company registration and factory operation approvals, to ensure that investors can carry out their investments smoothly.
“The Royal Government has agreed in principle to continue implementing the special investment promotion program in Preah Sihanouk province for another two years, until the end of 2027, with the addition of four more measures to further stimulate investment and business activities, with the aim of transforming Preah Sihanouk province into a model, multi-purpose special economic zone and a strong economic pole for Cambodia in the future,” he said.
The investment promotion task force encouraged investors to submit applications or proposals to the task force to receive “special benefits”, including tax incentives, administrative facilitation and simplified investment-related procedures.
According to the finance ministry, from 2024 to 2025 the task force granted approval for incentives to 412 projects, with total investment capital of approximately $7.971 billion and the potential to create 52,004 jobs. This includes 194 projects related to stalled buildings, 178 new investment projects, 25 expansion projects and 15 existing investment projects.
