Government Approves Special Incentives for 24 Investment Projects in Sihanoukville Worth $208M

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Government Approves Special Incentives for 24 Investment Projects in Sihanoukville Worth $208M
Government Approves Special Incentives for 24 Investment Projects in Sihanoukville Worth $208M./Image credit: Economics and Finance Institute.

On January 13, 2026, H.E. Hean Sahib, Secretary of State at the Ministry of Economy and Finance, chaired a meeting where special incentives for 24 investment and business projects in Preah Sihanouk province were granted in-principal approval.

With a total investment capital of approximately USD 208 million, these 24 projects include eight involving stalled buildings, 15 new developments, and one expansion project. Together, they are expected to create more than 3,000 jobs, starting in 2026.

The diverse range of projects include factories for manufacturing kitchen equipment, medical equipment and fish meal processing. They also cover oil production for rubber processing, as well as the construction of multi-purpose residential buildings.

H.E. Hean Sahib affirmed that the ministries, institutions, and collaborative groups working together on this project are committed to providing comprehensive support, including tax and customs incentives, to ensure a smooth investment process. The Cambodian government will also streamline the granting of licences, permits, and company registrations, to facilitate the opening and operation of these facilities.

Image credit: Economics and Finance Institute.