Cambodian Government Approves Incentives for 17 New Investment Projects Worth $260 Million

PHNOM PENH, Cambodia (Aug. 28, 2025) — The Cambodian government has approved special incentives for 17 additional investment and business projects valued at nearly $260 million, expected to generate approximately 1,800 jobs.

The decision was made during a working group meeting led by Dr. Hean Sahib, senior advisor to the Prime Minister and chairman of the Sihanoukville Investment Promotion Task Force.

The approved projects include six stalled developments and 11 new ventures, ranging from agri-tourism resorts and furniture manufacturing to hospitals, universities and solar power plants. The meeting, held at the Ministry of Economy and Finance, focused on streamlining procedures, resolving disputes and accelerating implementation.

Since 2024, the task force has endorsed 375 projects with a combined investment value of $7.89 billion, projected to create over 56,700 jobs. These include 176 stalled projects, 161 new investments, 25 expansion projects and 13 existing ventures.

Dr. Hean praised the task force’s efforts and urged investors to submit applications promptly to benefit from tax incentives, administrative facilitation and regulatory support. He also highlighted global and regional challenges—including border tensions with Thailand and shifting U.S. tariff policies—as both obstacles and opportunities for Cambodia to strengthen its investment climate.

He stressed the need for proactive engagement to mitigate supply chain disruptions and promote domestic production and import substitution. The task force was urged to intensify efforts to attract investment, boost tourism, expand local manufacturing and create jobs, especially in Sihanoukville province.