Policy and Strategy
Cambodia Eyes Potential to Expand World-class Integrated Resorts Market, with 87 Casinos Currently Operating
Cambodia is advancing plans to expand its casino industry by developing world-class integrated resorts (IRs) and implementing attractive tax policies to entice investors. The announcement was made on 10 December 2024 by Khim Oudam, Deputy Director of Licensing at Cambodia’s Commercial Gambling Management Commission (CGMC), during remarks to GGRAsia. The country’s gross gaming revenue (GGR) […]
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Cambodian Gov’t Revives 40 Stalled Buildings in Sihanoukville, 7 Buildings Already Completed
In a significant step towards revitalising Sihanoukville’s economy, the Cambodian government has successfully initiated the reconstruction of 40 out of 101 stalled buildings in the province. This announcement was made recently by Mr Mang Sinet, Governor of the Sihanoukville Provincial Government. The governor attributed this progress to the Sihanoukville Investment Promotion Policy 2024, which offers […]
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Cambodia Raises USD 70 Million Through Government Bonds in Nine Months of 2024
In nine months, the Cambodian government raised approximately USD 70 million through the sale of government bonds to domestic investors in the first nine months of 2024. This achievement, which represents 65% of the legally allowed issuance limit of 440 billion riels, underscores the country’s commitment to strengthening its domestic funding mechanisms and reducing reliance […]
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Sihanoukville Attracts USD 487 Million in Investment with 48 New Projects
Sihanoukville’s economic transformation is gaining momentum with the Cambodian government approving 48 new investment projects worth USD 487 million. These initiatives, announced by the Investment Promotion Working Group on 3 December 2024, are set to receive special incentives to stimulate local economic growth and business development. The projects comprise 16 initiatives aimed at repurposing stalled […]
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Cambodia to Establish 230 Model Villages by 2028 as Part of Rural Development Strategy
The Ministry of Rural Development has unveiled a visionary plan to develop 230 model villages throughout Cambodia by the end of 2028, an initiative aimed at transforming rural communities through sustainable and inclusive growth. The announcement was made on 10 December 2024 during a certificate-awarding ceremony that recognised 30 exemplary villages for meeting high development […]
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Cambodia Issued New Wastewater Law Outlining Strategic Plan for Wastewater System Development to Ensure Sustainability
The Cambodian government has identified five priority areas to advance the planning and development of wastewater systems, a key initiative aimed at boosting public welfare and ensuring environmental sustainability. The announcement follows the enactment of the Law on Wastewater System on 22 November 2024, a comprehensive legal framework comprising 16 chapters and 113 articles. The […]
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Cambodia Unveils 10-Year Plan, Prioritising Transport and Logistics Sector Development
Cambodia has identified the transport and logistics sector as its top priority in a new 10-year development plan for 2025–2035, aimed at modernising infrastructure and fostering economic growth. The Royal Government of Cambodia confirmed this decision on 3 December 2024, as part of a comprehensive strategy to strengthen public-private partnerships and enhance key infrastructure such […]
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Cambodia Extends Incentives to USD 40 Million Steel Manufacturing Project in Sihanoukville
The Cambodian government has granted special incentives to HUALE STEEL (CAMBODIA) CO., a steel manufacturing company in Sihanoukville, with an investment capital of USD 40 million. This decision was finalised during a meeting led by His Excellency Dr Hean Sahib, Chairman of the Investment Promotion Working Group for Sihanoukville Province, on 25 November 2024. The […]
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PM Halts Issuance of Brewery Licenses for Domestic Distribution to Bolster Market Stability
In a landmark decision to regulate Cambodia’s brewery industry, PM Samdech Hun Manet announced a ban on issuing new licenses for breweries targeting the domestic market. The announcement was made during the closing ceremony of the Ministry of Mines and Energy’s annual meeting summarising 2024 results in November. PM Hun Manet clarified that breweries focused […]
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CDC Unveils Groundbreaking Investment Project Management System to Boost Investor Confidence
The Council for the Development of Cambodia (CDC) has officially launched the innovative “CDC Investment Project Management System (cdcIPM),” a state-of-the-art digital platform designed to simplify and streamline the investment application process. This system allows investors to apply from anywhere and at any time, enhancing efficiency, reducing processing times, and ensuring greater transparency and integrity […]
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