Sihanoukville Sees Investment Surge: State Incentives Revive Stalled Projects

Sihanoukville Province is rejuvenating its investment climate with special incentives for 269 stalled projects, totalling around USD 6.669 billion. This move is set to boost local business activities.

During their recent meeting on 25 February, the Investment Promotion Working Group announced additional incentives for 14 more projects this month, demonstrating their dedication to enhancing investment opportunities.

Among the newly incentivised projects, six are stalled buildings, while four involve new developments and expansions, representing a combined investment of USD 79 million and creating approximately 2,266 jobs.

The working group aims to monitor the progress of all 269 projects and facilitate practical incentives, including assistance with construction permits, enterprise registrations, and tourism and real estate licenses. Further support includes building access roads to project sites, enhancing the sewerage and wastewater treatment systems, and resolving disputes related to stalled buildings.

These strategic incentives reflect the government’s commitment to fostering a conducive environment for business growth and economic development in Sihanoukville.

- Video Advertisement -

Related Post

Cambodia’s Trade Performance Surges in 2025 with Significant Growth in Both Imports and Exports

Annual report reveals double-digit increases in trade volume as the Kingdom strengthens its position in regional and global supply chains In 2025, Cambodia witnessed a robust expansion in its trade activities, with import volumes exceeding 33 billion dollars, representing an 18.7 percent increase over the previous year. Simultaneously, export volumes rose by 14.6 percent to […]

Cambodia’s Rice Exports Surge, Raking in Nearly USD 350 Million in 8 Months

In an impressive display of agricultural prowess, Cambodia has earned approximately USD 348.18 million from the export of nearly 473,000 tons of rice in the first eight months of 2025. This significant achievement was reported by the Cambodian Rice Federation on August 10, 2025. From January to August, 51 rice exporting companies facilitated the shipment […]

Agro King Plans Major Purchase of Cambodian Agricultural Products for Export to Vietnam

In a significant move for the agricultural sector, Agro King Trading Co., Ltd. has announced its intent to purchase four types of Cambodian agricultural products for export to Vietnam. This initiative aims to strengthen trade ties between the two neighboring countries and boost the local economy. The announcement was made by His Excellency Ky Chanromduol, […]

US Firm Argentem Creek to Invest in Cambodia’s Financial Sector

In a significant move for Cambodia’s financial landscape, US-based Argentem Creek has announced its intention to invest in the country’s financial sector. The announcement was made following a pivotal meeting between Ms. Chea Serey, Governor of the National Bank of Cambodia, and Mr. Maarten Terlouw, President and Co-CEO of Argentem Creek, held on August 4, […]

Cambodia’s Special Economic Zones Drive Export Growth and Employment

Cambodia’s special economic zones (SEZs) are proving to be pivotal in boosting the nation’s export capacity, contributing to more than 23% of total exports. As of 2024, the country boasts 44 SEZs, which are instrumental in enhancing domestic product exports, with projections estimating their contribution to total exports could reach between 23%-25% from 2022 to […]

US Tourists Propel Angkor Wat Ticket Sales to New Heights in Early 2025

In a remarkable start to the year, Cambodia has welcomed a surge of American tourists, leading the charge in ticket sales for the iconic Angkor Wat temple complex during the first five months of 2025. According to a recent report from the Angkor Foundation, the number of international visitors to Angkor reached an impressive 527,577, […]