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Why Invest in Preah Sihanouk Province
GROWTH NUMBER
According to 2021 Report, the province boasts an impressive GDP per capita of $4,857 and has attracted Foreign Direct Investment (FDI) totaling $48.4 billion.
GDP per capita
of Preah Sihanouk Province
(2021)
Foreign Direct Investment (FDI)
(in Preah Sihanouk)
Core Investment Advantages
01
Strategic Location
Deep-Sea Port: Access to international trade routes via the Sihanoukville Autonomous Port.
Regional Hub: Great proximity to regional market major markets like Thailand, Vietnam, and China.
Good Transportation Connectivity: Benefit from the existing Sihanoukville International Airport, along with the new Koh Rong International Ecotourism Airport under construction. A robust 264-kilometer Northern Railway links Cambodia's capital to Preah Sihanouk province, and a well-designed expressway with multiple exits connects key industrial hubs and port areas, ensuring seamless access across the region.
02
Economic Growth and Development
Infrastructure Development: Expand Sihanoukville International Airport with a new terminal to welcome a higher volume of arrivals, enhancing the region's connectivity. Upgrade major roadways linking to the port area, streamline Sihanoukville Autonomous Port to accommodate up to 4,000 TEUs initially with plans to scale up to 15,000 TEUs long-term, and modernize existing railroads to support increased capacity and efficiency.
Tourism Hub: Preah Sihanouk Province features a stunning 149 km coastline and 31 scenic islands, attracting a growing number of visitors and luxury investments. Notable developments include Novotel Sihanoukville Holiday Resort, Six Senses Krabey Island, Song Saa Private Island, The Royal Sands Koh Rong, and Bay of Light, establishing the province as a premier tourism destination.
Industrial Growth: Preah Sihanouk Province boasts a robust industrial base with 11 SEZs, including the Sihanoukville Special Economic Zone (SSEZ), which alone hosts over 170 international companies across diverse sectors.
03
Government Incentives
The government is launching a specialized policy framework called the "1 Baseline Incentive Package + 1 Targeted Industrial Policy + N Policies for Zone Development" to drive the growth of Preah Sihanouk Province.
• The “1 Baseline Incentive Package” offers foundational incentives already available to investors, including the Law on Investment, the 2024 SHV Investment Program, the Law on Public-Private Partnerships, and other applicable benefits under existing legislation.
• The “1 Targeted Industrial Policy” introduces tailored tax and non-tax incentives (such as talent attraction programs and streamlined administration) to attract investors in key industries like agro-processing, tourism, high-tech manufacturing, and more.
• The “N Policies for Zone Development” provide specialized incentives for specific zones, such as Free Trade Zones, Tourism Zones, an International Financial Center, High-Tech Zones, and others, each designed to foster growth in designated areas.
04
Labor and Workforce
Affordable Labor: Competitive wage rates compared to neighboring countries.
Skilled Workforce: Preah Sihanouk is dedicated to cultivating a future-ready workforce through innovative vocational training, new universities, and attractive policies for foreign talent. By fostering science and technology innovation clusters, the province is poised to reskill and upskill workers into a new generation of "high-tech blue-collar" professionals.
Youthful Population: With 72% of its population aged 15-59, Preah Sihanouk boasts a dynamic and eager workforce ready to drive growth and innovation.
05
Success Stories
International Investments: There are total of 11 special economic zones in Preah Sihanouk Province with total investment of more than USD817 million. Beyond that, the province itself has also attracted international investor such as AEON Logi Plus, Accor Group - Novotel Sihanoukville Holiday Resort, Canopy Sand Development - Bay of Light Project, VINCI Airport - Sihanoukville International Airport, etc.
Local Success: Preah Sihanouk is witnessing a surge in small businesses fueled by international investment. The establishment of Special Economic Zones (SEZs) has generated over 30,000 jobs and attracted a wave of new residents, creating a vibrant business environment in the province.
Testimonial: Investors are increasingly expanding their businesses in Preah Sihanouk Province. For example, the favorable investment climate has prompted the Sihanoukville Special Economic Zone to establish an additional zone within the province, highlighting its growth potential.
06
Lifestyle Benefits
Coastal Living: Beautiful beaches, resorts, and modern amenities.
Expanding Expat Community: Preah Sihanouk offers top-tier international schools, healthcare, and entertainment, making it an attractive choice for expats and a prime retirement destination. Additionally, specialized retirement housing projects are available both offshore and onshore, catering to diverse lifestyle needs.
Affordable Living: Preah Sihanouk offers a lower cost of living compared to major cities in Southeast Asia, making it an attractive choice for both residents and businesses that creates an ideal balance of affordability and lifestyle.
