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Preah Sihanouk governor reports GDP of US$1.617 billion and average income of US$4,602 per person

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At an August 8 meeting, Preah Sihanouk Governor Mang Sineth reported provincial GDP of about US$1.617 billion, average income of US$4,602 per person and economic growth of 6%.

PREAH SIHANOUK — Provincial Governor Mang Sineth said Preah Sihanouk’s gross domestic product (GDP) was about US$1.617 billion, average income was US$4,602 per person and economic growth was 6%. He said the poverty rate had fallen to 1.22% in 2023.

Mang Sineth gave the figures at a meeting on August 8, 2025, to review the province’s work in the first half of 2025 and set out the next steps. Say Samal, deputy prime minister, minister of land management, urban planning and construction, and head of the working group assigned to Preah Sihanouk Province, chaired the meeting.

The governor added that the Cambodian government had launched the 2024 Special Investment Promotion Programme for Preah Sihanouk Province and extended its special incentives through the end of 2025. The aim was to speed up the province’s development as a model multipurpose special economic zone and a major hub for trade, industry, logistics, tourism and international financial services. The special programme covers the following:

1. Investment projects involving stalled buildings. 2. Investment projects unrelated to stalled buildings. 3. Expansions of investment and business projects. 4. Existing projects. Incentives include tax and customs benefits and non-tax measures to simplify investment and business procedures, including applications for licences.

The special investment promotion working group received incentive applications for 380 projects. Of these, 358 received in-principle approval letters, representing more than US$7 billion in investment. The provincial investment subcommittee registered 17 qualified investment projects worth more than US$37 million in total. Six of them were registered in 2025 and represented more than US$21 million in total investment.

The Preah Sihanouk City Special Economic Zone is a diversified industrial zone. Its manufacturers produce goods and generate tens of thousands of jobs.

Written by ចិន្តា ទីទិ.

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