Cambodian Government Extends Property Tax Exemptions for New Cities and Agricultural Land
In a significant move to support economic growth and agriculture, the Cambodian government has announced the extension of property tax exemptions and reductions for specific areas across the country. According to Letter No. 6402 from the General Department of Taxation, property tax exemptions will apply to newly established cities and unused agricultural land exceeding 5 […]
Sihanoukville Sees Investment Surge: State Incentives Revive Stalled Projects
Sihanoukville Province is rejuvenating its investment climate with special incentives for 269 stalled projects, totaling around USD 6.669 billion. This move is set to boost local business activities. During their recent meeting on February 25, the Investment Promotion Working Group announced additional incentives for 14 more projects this month, demonstrating their dedication to enhancing investment […]
Cambodia Implements EURO 5 Fuel Standards to Combat Air Pollution
In a significant move to tackle air pollution, the Royal Government of Cambodia has announced the implementation of EURO 5 fuel standards, set to take effect in 2025. This initiative aims to enhance air quality and protect public health by regulating fuel emissions. According to the official announcement, two key decisions have been made: the […]
Cambodia Government Facilitates Import Exemptions for Construction Projects
In a significant move to boost investment in the construction sector, the Cambodian government has announced a new procedure to exempt imports of construction materials from customs duties, special taxes, and state-paid value-added tax. This initiative targets investment projects registered with the Capital-Provincial Investment Subcommittee and is detailed in Inter-Ministerial Prakas No. 070 MEF.Prokas, issued […]
Ministry of Public Works and UN Unite to Halve Road Traffic Accidents in Cambodia by 2030
In a significant effort to improve road safety, the Ministry of Public Works and Transport of Cambodia has partnered with the United Nations (UN) to achieve an ambitious goal: reducing road traffic fatalities and injuries by 50% by the year 2030. This partnership was formalised during a high-level meeting between HE Peng Purna, Minister of […]
Cambodian Government Collaborates with Private Companies to Strengthen Railway Infrastructure
The Royal Government of Cambodia, through the Ministry of Public Works and Transport, has decided to sign a Framework Agreement with Royal Railway PLC (RRPLC) to jointly enhance and develop Cambodia’s railway system. The signing ceremony took place on February 13, 2025, with Mr Peng Po Nea, Minister of Public Works and Transport, and Oknha […]