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Preah Sihanouk reports US$1.617 billion GDP and investment approvals

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Summary

At an August 8, 2025, review, Governor Mang Sineth cited provincial GDP of about US$1.617 billion and said 358 projects had received in-principle approval under a special investment programme.

Preah Sihanouk Provincial Television, August 9. Governor Mang Sineth put provincial GDP at about US$1.617 billion, per-capita income at about US$4,602 and growth at 6 percent. He said poverty had fallen to 1.22 percent by 2023.

Mang Sineth attended the review of work for the first half of 2025 and plans for the next period. Say Samal, minister of land management, urban planning and construction, chaired the meeting on August 8, 2025.

Mang Sineth said the government had introduced the 2024 Special Investment Promotion Programme for Preah Sihanouk Province and extended special incentives through the end of 2025. The aim was to develop a model multipurpose special economic zone and an economic centre for commerce, industry, resource development, tourism and international financial services.

The programme covered four types of project:

1. Investments involving vacant buildings.

2. Investments unrelated to vacant buildings.

3. Expansions of investment and business projects.

4. Existing projects.

Investors could receive customs and tax incentives and non-tax benefits such as simplified business and investment procedures and assistance with permit applications.

The special working group had received 380 incentive applications. Of these, 358 projects had received in-principle approval, representing over US$7 billion in proposed investment. The Provincial Investment Committee formally registered 17 projects worth over US$37 million, including six in 2025 worth over US$21 million.

The report highlighted the Preah Sihanouk Special Economic Zone as a diversified industrial area with numerous manufacturers and tens of thousands of jobs.

Written by Chinda Tithi

Photography: Keo Dara

Edited by Lin

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