Kampot and Kep to Attract More Development with Forthcoming Investment Guidebook

Kampot and Kep officials are composing an investment guidebook to attract more new development and manage existing projects more effectively, according to Kampot Governor Chev Tay.

HE Chev Tay said in a meeting with the Kampot-Kep Chamber of Commerce officials on 01 February that the guidebook is crucial for investors as it can provide essential information before they decide to invest.

“Currently, the relevant officials are studying and preparing the guidebook. When done, the book will hopefully help boost the investments in the province, especially the foreign direct investment,” said HE Chev Tay.

Kampot and Kep provinces are high potential provinces. For example, over 200 development projects and four major tourism development destinations have recently been included in the draft of the Kep Tourism Master Plan. (Read more)

Meanwhile, Kampot province has also welcomed many development projects such as the US$8 million tourism port in Teuk Chhou district, the artificial beach, the first-ever golf course Forest Harmony, and the Coastal Business Centre, among others.

Moreover, a local real estate expert also expects that Kompot and Kep will become high potential investment destinations, especially for resort development in 2021 or after the pandemic ends, as those provinces have been attracting increasing numbers of local visitors. (Read more)

- Video Advertisement -

Related Post

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 S.H.O.P.R.K, 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 formalized during a high-level meeting between H.E. 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 […]

Cambodian Government Invests USD60 Million to Enhance Water Supply Infrastructure

In a significant move to boost access to clean water, the Royal Government of Cambodia has announced a USD60 million investment over the next three years dedicated to expanding water supply networks in five provinces. Prime Minister Hun Manet shared this decision, emphasizing the urgent need to address the rising demand for clean water, particularly […]

Thailand is accelerating major projects to become the largest transportation hub in ASEAN

Thailand is accelerating efforts to become the leading transportation hub in Southeast Asia by developing major infrastructure projects, including cruise ship terminals, a new airport, and flyovers. Deputy Minister of Transport Manaporn Charoensri emphasized the country’s strategic geographic location, which positions it as a central transit point in the region. Key initiatives include constructing three […]

Cambodian Government Advances Waterway Transportation Initiative

In a significant move to enhance its waterways infrastructure, the Cambodian government is rolling out a new framework aimed at developing and managing river port businesses nationwide. The initiative, spearheaded by HE Aun Pornmonirath, Minister of Economy and Finance, and Chairman of the Economic and Financial Policy Committee (EFPC), seeks to bolster the implementation of […]