On July 21, 2025, the secretariat of the Investment Promotion Task Force in Preah Sihanouk province—a task force chaired by Academician ហ៊ាន សាហ៊ីប, an adviser to the Prime Minister—
met to review progress on projects receiving special incentives in 2024 and the first half of 2025, and visited six project sites, focusing on projects involving
stalled buildings. Task force and secretariat members, representatives of the provincial administration and relevant departments took part.
At the meeting, អ៊ឹម សុខធី, head of the task force secretariat, said that from 2024 through the first six months of 2025 the investment promotion task force had provided incentives to
a total of 331 investment projects. It had worked with ministries and institutions to implement the special investment promotion programme, which had been strengthening investor confidence.
អ៊ឹម សុខធី said the 331 projects comprised 153 involving stalled buildings, 142 new projects not involving stalled buildings,
24 expansion projects and 12 existing projects. The estimated funding needed to complete construction and implement these projects was US$4,753 million.
Besides deciding in principle to provide special incentives, the task force facilitated business registration, roads and drainage, construction permits, tourism licences and
real estate business licences, out-of-court dispute resolution, and promotional forums in cooperation with the Preah Sihanouk provincial administration. It also provided advice and coordinated responses to requests from Cambodian and foreign investors
and businesspeople.
The report said site visits found that companies receiving incentives welcomed and were satisfied with the Royal Government’s special programme and had decided to invest
in Preah Sihanouk province. Overall, it described the programme, an initiative of the Prime Minister, as generating positive results by turning stalled buildings into
valuable assets usable for the provincial economy and transforming challenges into opportunities, while encouraging those involved at all levels to work proactively, actively
and interactively.
The report described Preah Sihanouk province as enjoying good security, public order and an improved investment environment, attracting many investors and tourists of various nationalities, in keeping with its role as a centre for
multipurpose development and an important economic pole of Cambodia. The investment promotion task force continued to invite businesspeople and investors to submit applications or requests to the task force
in Preah Sihanouk province for incentives, coordination and simplified procedures. Its address was National Road 4, Village 3, Sangkat 1, Sihanoukville, Preah Sihanouk province;
+855 12 902 200, +855 89 726 028 and +855 16 321 010; or the 21st floor of the Business Development Center, Sangkat/Khan Chroy Changvar, Phnom Penh, +855 93 858 543.
Article: KPS99TV
