Angkor Times Latest Questions

Angkor Times
Angkor TimesExperienced
Asked: July 29, 2026In:

Cambodia is taking an important step toward shaping its next phase of industrial and economic development by conducting a final review of the Industrial Development Policy 2015 to 2025. During a high level meeting held in Phnom Penh on ...Read more

Cambodia is taking an important step toward shaping its next phase of industrial and economic development by conducting a final review of the Industrial Development Policy 2015 to 2025. During a high level meeting held in Phnom Penh on Monday, government leaders gathered to assess how the policy has performed over the past decade, identify its achievements and shortcomings, and determine the lessons that will guide future industrial strategies. The evaluation is expected to provide policymakers with valuable insights as Cambodia works to strengthen its competitiveness, attract more investment, and achieve sustainable economic growth.

Govt assesses progress of 2015-2025 Industrial Policy

The review reflects the government’s commitment to ensuring that national development policies deliver meaningful results. By carefully examining the policy’s implementation and real world impact, Cambodia aims to build a stronger industrial foundation that supports businesses, investors, entrepreneurs, and manufacturers while creating new opportunities for long term economic expansion.

Government Reviews the Final Evaluation Report

The final draft of the Industrial Development Policy 2015 to 2025 evaluation report was reviewed during a meeting chaired by Deputy Prime Minister and Minister of Economy and Finance Aun Pornmoniroth at the Ministry of Economy and Finance headquarters in Phnom Penh.

Around 100 senior government leaders and technical officials representing ministries and institutions responsible for implementing the policy attended the meeting. Their participation demonstrated the government’s coordinated approach to evaluating one of Cambodia’s most significant economic development strategies before the report is finalized.

Broad Participation Strengthens the Assessment

The Ministry of Rural Development was represented by Secretary of State Pho Pharith, Deputy Director General of Administration and Finance Meng Saophakkun, along with technical officials who contributed to the discussions.

According to the Ministry of Rural Development, the meeting focused on reviewing the final draft evaluation report and gathering recommendations from ministries and institutions under the Economic and Financial Policy Committee. The consultation process is designed to ensure the final report accurately reflects the policy’s implementation over the past decade and incorporates valuable feedback from all relevant stakeholders.

A Decade of Industrial Transformation

Since its introduction, the Industrial Development Policy 2015 to 2025 has provided a strategic framework for transforming Cambodia’s industrial sector. The policy has encouraged industrial expansion, improved productivity, attracted investment, and strengthened the country’s competitiveness within regional and global markets.

Beyond supporting manufacturing growth, the policy has also promoted economic diversification, encouraged greater value added production, and helped Cambodia integrate more deeply into international supply chains. These efforts have contributed to creating a more resilient and modern industrial economy capable of supporting future growth.

Lessons Will Shape Future Industrial Policies

The discussions gave participating ministries an opportunity to evaluate both the successes and challenges experienced during the policy’s implementation. Officials reviewed the report’s findings to ensure the final evaluation presents an accurate picture of the policy’s overall performance while highlighting important lessons learned.

The completed evaluation will provide policymakers with a comprehensive understanding of the Industrial Development Policy’s real world impact. It is also expected to identify areas requiring further improvement and help shape Cambodia’s next generation of industrial and economic policies as the country pursues sustainable, inclusive, and innovation driven development.

What This Means for Businesses and Investors?

For business leaders, entrepreneurs, investors, and manufacturers, the government’s comprehensive review signals that Cambodia remains committed to improving its investment environment and strengthening industrial competitiveness. The evaluation is expected to influence future policies that support higher value manufacturing, supply chain development, infrastructure improvements, and investment incentives.

Companies considering expanding into Cambodia can view this review as evidence that the government continues to refine its long term economic strategy based on measurable results. A stronger industrial policy framework is likely to create new opportunities across manufacturing, logistics, technology, supporting industries, and export oriented businesses.

Conclusion

The final evaluation of Cambodia’s Industrial Development Policy 2015 to 2025 marks an important milestone in the country’s economic journey. By reviewing a decade of progress, identifying lessons learned, and planning future improvements, the government is laying the foundation for a more competitive and sustainable industrial economy. For businesses, entrepreneurs, investors, and development partners, the review demonstrates Cambodia’s continued commitment to creating a stronger investment climate and supporting long term economic growth.

Read less
Angkor Times
Angkor TimesExperienced
Asked: July 28, 2026In:

Nearly 400 residents living and working around Siem Reap’s famous Pub Street and Old Market are urging local authorities to strengthen smoking controls in one of Cambodia’s busiest tourism districts. The petition, submitted to the Siem Reap Provincial Administration ...Read more

Nearly 400 residents living and working around Siem Reap’s famous Pub Street and Old Market are urging local authorities to strengthen smoking controls in one of Cambodia’s busiest tourism districts. The petition, submitted to the Siem Reap Provincial Administration on July 22, 2026, calls for stricter enforcement of existing tobacco regulations or the creation of designated smoking areas. The initiative aims to protect public health while ensuring that the city’s tourism industry continues to thrive in a cleaner and more welcoming environment.

Siem Reap Residents Call for Smoke Free Pub Street

As Siem Reap attracts thousands of domestic and international visitors every evening, residents say secondhand smoke has become an increasing concern for workers, business owners, families, and tourists who do not smoke. Rather than opposing smokers, the community is asking for practical solutions that balance tourism, business activity, and public health, reinforcing Siem Reap’s vision of becoming a smart and environmentally friendly city.

Residents Seek Better Protection from Secondhand Smoke

The petition was signed by nearly 400 residents who live and work around Pub Street and the nearby Old Market. They are asking provincial authorities to either enforce Cambodia’s existing smoking ban more effectively or establish dedicated smoking zones to reduce exposure to secondhand smoke.

According to the petition, smoking outside restaurants, bars, entertainment venues, and along public walkways allows smoke to spread throughout the district, creating an uncomfortable environment for employees, local residents, and visitors alike. Community members believe better management would improve the overall experience for everyone while protecting public health.

Community Says the Issue Has Been Ignored for Too Long

Resident representative Pho Socheat explained that people working and living in the area have become increasingly frustrated by the widespread smoking that occurs outside entertainment venues every day.

“Pub Street is an entertainment area where many tourists smoke, but the secondhand smoke affects shop owners, workers, residents and visitors who do not smoke,” he said.

Although the Ministry of Health has instructed local authorities to enforce tobacco control regulations and educate the public about penalties for violations, Socheat said many businesses have yet to fully comply with the rules.

He noted that smoking has been a long standing concern in the area, but residents had never previously submitted a formal request to authorities. He emphasized that the petition is intended to encourage better management rather than criticize people who smoke.

“We don’t oppose people who smoke,” he said. “We oppose the impact their smoke has on other people’s health.”

Socheat also warned that prolonged exposure to secondhand smoke may contribute to respiratory illnesses, headaches, and dizziness, with pregnant women and young children facing the greatest health risks.

Workers Hope for Practical Solutions

Among those supporting the petition is Pov Sreyleap, who works at a spa on Pub Street. She said cigarette smoke drifting from a nearby bar has repeatedly caused her to experience a sore throat and nausea during working hours.

She joined hundreds of other residents by adding her thumbprint to the petition, expressing hope that provincial authorities will introduce practical measures that better protect workers, local residents, and visitors without disrupting tourism.

Supporters believe designated smoking areas would provide a balanced solution by allowing smokers to continue enjoying the district while reducing unnecessary exposure for everyone else.

Authorities Review the Proposal

Siem Reap Provincial Administration spokesperson Ly Vannak confirmed that officials are reviewing the residents’ request and considering possible solutions that support both public health and the tourism industry.

“We want to welcome tourists while also protecting the health of residents,” he said.

Authorities are expected to evaluate options that maintain Pub Street’s vibrant nightlife while creating a healthier environment for businesses, employees, residents, and visitors.

Cambodia Already Has a Smoking Ban

Cambodia already enforces tobacco control regulations through Sub Decree No. 43 on Measures to Ban Smoking and Tobacco Smoke Emissions in Workplaces and Public Places, issued on March 16, 2016. The law prohibits smoking in workplaces and public places to reduce exposure to secondhand smoke.

Individuals who violate the smoking ban may face a fine of 20,000 riels, or approximately $5. Business owners and operators who fail to enforce the regulations can be fined 50,000 riels, or about $12.36, with penalties doubling for repeat violations.

What This Means for Businesses, Investors, and Tourism?

For business owners, investors, and tourism operators, the petition reflects a growing focus on creating healthier and more sustainable destinations. Cleaner public spaces can enhance visitor satisfaction, improve employee wellbeing, and strengthen Siem Reap’s reputation as a world class tourism destination.

As Cambodia continues investing in high quality tourism experiences, effective public health measures could further increase the city’s appeal to international travelers while supporting hospitality businesses, restaurants, hotels, spas, and retail operators that depend on a positive visitor experience.

Conclusion

The petition from nearly 400 Siem Reap residents highlights the growing demand for healthier public spaces in one of Cambodia’s most visited tourist destinations. Rather than seeking to ban smoking altogether, the community is calling for practical solutions that protect workers, residents, and visitors while preserving Pub Street’s vibrant atmosphere. If implemented thoughtfully, stronger smoking controls or designated smoking areas could enhance Siem Reap’s image as a modern, sustainable, and visitor friendly city, benefiting public health, local businesses, and the tourism industry alike.

Read less
Angkor Times
Angkor TimesExperienced
Asked: July 28, 2026In:

Cambodia’s economy is expected to maintain steady growth in 2026 despite a challenging global environment, according to the National Bank of Cambodia. The central bank forecasts the country’s economy will expand by 3.9 percent this year, reflecting resilience amid ...Read more

Cambodia’s economy is expected to maintain steady growth in 2026 despite a challenging global environment, according to the National Bank of Cambodia. The central bank forecasts the country’s economy will expand by 3.9 percent this year, reflecting resilience amid international economic uncertainty and domestic challenges. The outlook is supported by stronger exports, continued foreign direct investment, and the government’s commitment to preserving macroeconomic stability while advancing long term structural reforms.

Cambodia's economy growth forecast 2026

The latest forecast provides encouraging news for businesses, entrepreneurs, investors, and international companies considering Cambodia as an investment destination. While external pressures continue to affect many economies, Cambodia is expected to accelerate growth during the second half of 2026 as manufacturing, agriculture, and investment activities gather stronger momentum.

Cambodia’s Growth Expected to Accelerate

According to the National Bank of Cambodia, the country’s economy grew by an estimated 3.5 percent during the first half of 2026. Growth was moderated by global economic uncertainty and several domestic challenges that affected business activity and investor confidence across multiple sectors.

Cambodia's economy growth forecast in 2026

Despite these headwinds, the central bank expects economic growth to improve to 4.3 percent during the second half of the year. The stronger performance is expected to be driven by rising exports of garments, non garment manufactured products, and agricultural goods, alongside continued inflows of foreign direct investment that support industrial expansion and job creation.

Exports and Investment Continue to Drive Growth

Cambodia’s export sector remains one of the country’s strongest economic engines. Growing international demand for manufactured goods and agricultural products continues to strengthen the country’s trade performance while encouraging new investment in production facilities and supporting industries.

Foreign direct investment also remains an important source of economic momentum. Continued investment from international companies is helping diversify Cambodia’s economy, expand manufacturing capacity, and create new opportunities for local businesses and skilled workers.

NBC Highlights Cambodia’s Economic Resilience

Speaking during a meeting in Phnom Penh on July 27 to review the first half of 2026 and outline priorities for the remainder of the year, National Bank of Cambodia Governor H.E. Dr. Chea Serey said the country’s economic performance demonstrates its ability to withstand multiple challenges.

“The fact that Cambodia is expected to achieve economic growth of between 3 and 4 percent demonstrates the resilience of the Cambodian economy in the face of crises,” said NBC Governor H.E. Dr. Chea Serey.

She explained that Cambodia, like many countries around the world, continues to face uncertainty in the global economy. At home, prolonged border tensions with Thailand, the government’s ongoing campaign against cyber fraud, and the lingering effects of the COVID 19 pandemic have also weighed on economic activity.

International Forecasts Present Different Outlooks

The National Bank of Cambodia’s latest forecast comes after the International Monetary Fund revised its 2026 growth projection for Cambodia to 3.0 percent following its Article IV consultation.

Meanwhile, other international institutions remain more optimistic. The Asian Development Bank and the ASEAN Plus Three Macroeconomic Research Office continue to project Cambodia’s economic growth at around 4.2 percent, reflecting confidence in the country’s medium term economic fundamentals.

Government Reforms Strengthen Long Term Growth

H.E. Dr. Chea Serey credited Cambodia’s resilience to the Royal Government’s continued efforts to maintain peace, security, political stability, and macroeconomic stability under the leadership of Prime Minister Samdech Moha Borvor Thipadei Hun Manet.

She added that structural reforms under the first phase of the Pentagonal Strategy are helping diversify Cambodia’s economy while strengthening its ability to withstand future external shocks. These reforms are laying a stronger foundation for sustainable economic growth, greater investment attraction, and improved competitiveness over the long term.

Why This Matters for Businesses and Investors?

For business owners, investors, startup founders, and corporate leaders, the latest economic outlook signals continued confidence in Cambodia’s investment climate. Rising exports, expanding manufacturing, and ongoing government reforms create favorable conditions for companies seeking growth opportunities in Southeast Asia.

The forecast also suggests that Cambodia remains committed to improving its business environment through economic diversification, infrastructure development, and policies that encourage private sector investment. These factors continue to position the Kingdom as an increasingly attractive destination for manufacturing, logistics, agriculture, technology, and other emerging industries.

Conclusion

Although Cambodia continues to navigate global economic uncertainty and domestic challenges, the latest National Bank of Cambodia forecast highlights the country’s resilience and long term growth potential. Supported by stronger exports, sustained foreign investment, and ongoing structural reforms, Cambodia is expected to strengthen its economic performance during the second half of 2026. For businesses, entrepreneurs, investors, and international partners, the outlook reinforces confidence that Cambodia remains one of the region’s promising destinations for investment and sustainable business growth.

Read less
Angkor Times
Angkor TimesExperienced
Asked: July 28, 2026In:

Cambodia has achieved another important trade milestone after securing zero tariff treatment for 154 export product lines entering the United States, strengthening the country’s position as a competitive manufacturing and export destination. Announced in Phnom Penh on July 27, ...Read more

Cambodia has achieved another important trade milestone after securing zero tariff treatment for 154 export product lines entering the United States, strengthening the country’s position as a competitive manufacturing and export destination. Announced in Phnom Penh on July 27, 2026, the decision follows the United States’ revision of its import tariff rates under the Section 301 Trade Compliance Investigation. The move is expected to create new opportunities for Cambodian exporters, manufacturers, investors, and businesses seeking greater access to one of the world’s largest consumer markets.

Cambodia Secures Zero Tariff Treatment for 154 Product Lines in U.S. Market

The latest development is particularly significant as Cambodia continues to expand its export sector and attract foreign investment. By lowering trade barriers for a wide range of products, the agreement is expected to improve the competitiveness of Cambodian goods, encourage production, support job creation, and reinforce investor confidence in the Kingdom’s growing manufacturing economy.

154 Cambodian Products Receive Zero Tariff Treatment

Speaking at a press conference held at the Council for the Development of Cambodia on July 27, H.E. Sim Sokheng, Secretary of State at the Ministry of Commerce, announced that 154 Cambodian customs tariff lines will now enter the United States without import duties following the revised U.S. tariff policy.

The announcement represents a major opportunity for Cambodian exporters as duty free access allows businesses to offer more competitive pricing in the American market. For manufacturers and investors, lower import costs increase the attractiveness of Cambodia as a production base serving international markets.

Wide Range of Cambodian Products Benefit

The list of products eligible for zero tariff treatment extends beyond Cambodia’s traditional textile exports. According to H.E. Sim Sokheng, the exemption also covers a variety of handicrafts, including the iconic Cambodian Krama and locally made hats, products manufactured from wood waste, along with selected plant and animal products.

The broader product coverage reflects Cambodia’s efforts to diversify its export portfolio and create more opportunities for small businesses, local producers, and rural communities. Expanding market access for value added products could also encourage innovation and higher quality production across multiple industries.

Government Continues to Pursue More Duty Free Access

The Ministry of Commerce confirmed that its technical working groups will continue negotiating and identifying additional Cambodian products with the potential to receive zero tariff treatment in the United States.

This ongoing effort demonstrates Cambodia’s long term strategy to strengthen international trade relationships while improving export competitiveness. Expanding duty free access for more products could generate additional investment opportunities and support sustainable economic growth in the years ahead.

Exports to the U.S. Continue Strong Growth

Cambodia’s exports to the United States have continued to expand rapidly during 2026. During the first six months of the year, Cambodian exports reached approximately US$7.17 billion, representing an impressive 29.8 percent increase compared with the same period in the previous year.

The strong export performance highlights continued demand for Cambodian products while reinforcing the importance of the U.S. as one of Cambodia’s largest export destinations. Combined with the newly secured tariff exemptions, the outlook for Cambodian exporters appears increasingly positive.

What This Means for Businesses and Investors?

For manufacturers, exporters, entrepreneurs, and foreign investors, the latest tariff decision sends a strong signal that Cambodia remains well positioned within global supply chains. Reduced trade costs improve the competitiveness of Cambodian products, making the Kingdom an even more attractive location for export oriented manufacturing.

Businesses considering expansion into Cambodia may also view the new tariff exemptions as an incentive to establish production facilities, particularly in industries producing goods eligible for duty free access to the U.S. market. The decision supports Cambodia’s broader ambition to diversify exports, attract quality investment, and strengthen its role as a regional manufacturing hub.

Conclusion

Cambodia’s successful negotiation of zero tariff treatment for 154 export product lines marks another important step in strengthening the country’s international trade position. Together with rising exports and continued government efforts to secure additional market access, the achievement creates fresh opportunities for businesses, investors, manufacturers, and entrepreneurs looking to expand globally. As Cambodia continues building stronger trade partnerships and diversifying its export economy, the Kingdom is becoming an increasingly attractive destination for investment and long term business growth.

Read less
Angkor Times
Angkor TimesExperienced
Asked: July 28, 2026In:

Planning a trip to Cambodia is becoming easier with the latest health guidance from the United States Centers for Disease Control and Prevention. Published in the CDC Health Information for International Travel, widely known as the Yellow Book, the ...Read more

Planning a trip to Cambodia is becoming easier with the latest health guidance from the United States Centers for Disease Control and Prevention. Published in the CDC Health Information for International Travel, widely known as the Yellow Book, the Cambodia chapter provides practical advice for tourists, business travelers, investors, expatriates, volunteers, and professionals preparing to visit the Kingdom. Compiled by experts in travel medicine, infectious diseases, and public health, the guide helps travelers reduce health risks while enjoying Cambodia’s diverse destinations.

Cambodia CDC Yellow Book Helps Visitors Travel Safely

Whether visiting Phnom Penh for business, exploring the ancient temples of Angkor in Siem Reap, relaxing along the southern coast, or working in rural provinces, understanding local health conditions is essential. The recommendations are based on scientific research, regional surveillance data, and years of clinical experience across Southeast Asia, giving travelers reliable information before departure.

Health Risks Differ Across Cambodia

The CDC explains that Cambodia’s tropical climate, rapid urban development, and vast rural and forested landscapes create different health risks depending on where travelers go. Conditions in Phnom Penh, Siem Reap, coastal provinces, and border regions vary significantly, meaning visitors should prepare according to their itinerary.

Understanding these regional differences allows travelers to make informed decisions before arrival. Vaccination requirements, mosquito protection, food safety measures, and access to healthcare can all vary depending on the destination, making proper preparation one of the most important steps for a safe journey.

Vaccinations and Food Safety Remain Top Priorities

The CDC recommends that all travelers ensure their routine vaccinations are current before traveling to Cambodia. In addition, hepatitis A and typhoid vaccinations are strongly recommended because these diseases remain common throughout the country.

Typhoid continues to be endemic in Cambodia, with increasing antimicrobial resistance making prevention even more important. Vaccination is particularly advised for long term visitors, people staying in rural communities, and travelers who frequently enjoy local street food.

Because travelers’ diarrhea remains one of the most common health issues affecting visitors, the CDC encourages careful food and water hygiene. Drinking bottled or properly treated water, avoiding raw or undercooked food, and consulting a healthcare provider about carrying medications such as azithromycin and antidiarrheal treatments can help reduce travel related illness.

Mosquito Protection Is Essential

Mosquito borne diseases remain among the most significant health concerns for visitors to Cambodia. According to the CDC Yellow Book, dengue fever is currently the most common serious mosquito transmitted illness affecting travelers and has been reported in both cities and rural areas.

Anyone who develops a high fever during or shortly after visiting Cambodia should seek medical attention immediately and request evaluation for dengue if appropriate. Early diagnosis is important because severe dengue can become life threatening.

Malaria remains concentrated mainly in forested and border regions rather than major tourist destinations. Travelers spending nights in these higher risk areas may require preventive medication in addition to using insect repellent, protective clothing, and mosquito nets.

The CDC also advises pregnant travelers or individuals planning pregnancy to discuss Zika virus risks with their healthcare provider before traveling. Although first identified in Cambodia in 2010, the virus continues to require careful consideration for vulnerable travelers.

Long Term Visitors Should Consider Tuberculosis Screening

The CDC recommends additional health precautions for people planning extended stays in Cambodia, especially healthcare workers, volunteers, aid workers, students, and professionals serving in higher risk environments such as hospitals or correctional facilities.

Because Cambodia continues to experience a relatively high burden of tuberculosis, the CDC recommends baseline TB testing before travel and follow up testing after returning home. Tuberculin skin testing is widely available throughout Cambodia, while interferon gamma release assays are also available, primarily in Phnom Penh.

These recommendations are particularly valuable for development professionals, international organizations, business executives managing long term projects, and investors relocating staff to Cambodia for extended assignments.

Reliable Health Information Supports Better Travel Decisions

The CDC Yellow Book serves as an important planning resource for anyone traveling to Cambodia, whether for tourism, investment, business, education, or humanitarian work. Following evidence based health recommendations allows travelers to minimize health risks while focusing on the opportunities Cambodia offers.

As Cambodia continues welcoming growing numbers of international visitors and investors, being well prepared before departure contributes to a safer, healthier, and more enjoyable experience throughout the country. Readers can find the complete official guidance in the CDC Yellow Book Cambodia chapter at https://www.cdc.gov/yellow-book/hcp/asia/cambodia.html.

Conclusion

Cambodia remains one of Southeast Asia’s most attractive destinations for tourism, business, and investment. Preparing with reliable health information before departure helps visitors travel with greater confidence while reducing avoidable health risks. By following the CDC Yellow Book recommendations on vaccinations, food safety, mosquito protection, and long term health precautions, travelers can better protect themselves and enjoy everything Cambodia has to offer.

Read less
Angkor Times
Angkor TimesExperienced
Asked: July 28, 2026In: ,

Cambodia is strengthening its commitment to supporting existing foreign investors as part of a broader strategy to accelerate industrial growth and attract long term investment. On a visit to Yura Harness Cambodia Co Ltd in Kampong Speu province, Deputy ...Read more

Cambodia is strengthening its commitment to supporting existing foreign investors as part of a broader strategy to accelerate industrial growth and attract long term investment. On a visit to Yura Harness Cambodia Co Ltd in Kampong Speu province, Deputy Prime Minister and First Vice Chairman of the Council for the Development of Cambodia Sun Chanthol reaffirmed the government’s dedication to helping international manufacturers expand their operations in the Kingdom. The visit reflects Cambodia’s shift from simply attracting foreign investment to actively helping established businesses grow, create jobs, and contribute to sustainable economic development.

Chanthol Backs Yura Harness Expansion
Deputy Prime Minister and First Vice-Chairman of the Council for the Development of Cambodia Sun Chanthol (2-R) visits Yura Harness (Cambodia) Co Ltd in Kampong Speu province

The inspection took place following discussions between Cambodian officials and South Korea’s YURA Corporation in Seoul on June 18. By maintaining close engagement with existing investors, the government aims to strengthen confidence in Cambodia’s business environment while encouraging manufacturers to expand production, develop local talent, and build stronger industrial supply chains across the country.

Government Strengthens Support for Existing Investors

Deputy Prime Minister Sun Chanthol visited the Yura Harness manufacturing facility in Chbar Mon City at the invitation of Chief Executive Officer Lee Doo Yeun. During the visit, he toured the factory’s production lines and reviewed workforce development initiatives, employee training programs, and the company’s long term expansion plans.

The visit highlights the Cambodian government’s growing focus on supporting businesses that have already invested in the country. Rather than concentrating solely on attracting new investment, officials are placing greater emphasis on helping existing companies expand, improve productivity, and generate more employment opportunities for Cambodian workers.

Yura Harness Continues Expanding in Cambodia

Yura Harness Cambodia Co Ltd began operations in 2022 as a subsidiary of South Korea’s YURA Corporation. Since then, the factory has grown into an important manufacturing operation in Kampong Speu province, employing around 1,100 workers while producing automotive wiring harnesses for international markets.

Accompanied by senior officials from the Cambodian Investment Board, Chanthol also reviewed the company’s future expansion roadmap. Officials believe that supporting successful foreign manufacturers already operating in Cambodia will play a key role in strengthening the country’s industrial base and ensuring sustainable economic growth.

Partnership Built Through Investment Diplomacy

The factory inspection follows Chanthol’s investment promotion mission to Seoul, where he met YURA Corporation Vice Chairman Dae Yeol Ohm on June 18. Those discussions laid the foundation for deeper cooperation between Cambodia and one of South Korea’s leading automotive component manufacturers.

The continued dialogue demonstrates Cambodia’s proactive approach to investment diplomacy. Government leaders are working closely with global companies to identify opportunities for expansion while ensuring that regulations and investment policies continue to support industrial development throughout the Kingdom.

Why Existing Investors Matter?

Retaining and expanding current investors has become an increasingly important pillar of Cambodia’s economic strategy. Businesses that have already established operations possess valuable experience with the local market, workforce, and regulatory environment, making expansion faster and more efficient than starting entirely new projects.

For entrepreneurs, investors, business leaders, and manufacturers considering Cambodia, the government’s hands on engagement sends a strong message that long term partnerships remain a priority. Continued support for established companies also helps strengthen local supply chains, encourage technology transfer, develop skilled workers, and increase Cambodia’s competitiveness as a regional manufacturing hub.

What This Means for Businesses and Investors?

The government’s direct engagement with companies like Yura Harness demonstrates that Cambodia is committed not only to attracting investment but also to helping businesses succeed after they arrive. This approach provides greater confidence for multinational corporations considering expansion while creating more opportunities for local suppliers and small and medium enterprises to participate in global manufacturing networks.

As Cambodia continues improving infrastructure, investment policies, and workforce capabilities, companies looking to establish or expand manufacturing operations are likely to find an increasingly supportive business environment. The strategy also reinforces Cambodia’s ambition to become a leading production base in Southeast Asia.

Conclusion

Sun Chanthol’s visit to Yura Harness reflects Cambodia’s evolving investment strategy of building lasting partnerships with businesses that have already chosen the Kingdom. By supporting expansion, encouraging industrial growth, and maintaining close cooperation with international manufacturers, Cambodia is strengthening its position as an attractive destination for investment, production, and long term business development. This continued collaboration is expected to generate more jobs, attract additional investment, and contribute to sustainable economic growth in the years ahead.

Read less
Angkor Times
Angkor TimesExperienced
Asked: July 27, 2026In:

Cambodia has introduced stronger investment incentives that allow qualified businesses to claim a 150% tax deduction on selected investment expenses, aiming to encourage companies to invest more in research, workforce skills, factory improvements and better working conditions. The announcement ...Read more

Cambodia has introduced stronger investment incentives that allow qualified businesses to claim a 150% tax deduction on selected investment expenses, aiming to encourage companies to invest more in research, workforce skills, factory improvements and better working conditions. The announcement was made in Phnom Penh on July 26, 2026, during a forum on tax obligations for Cut, Make, Trim (CMT) and Free on Board (FOB) enterprises, as Cambodian authorities seek to strengthen industrial competitiveness and attract more quality investment into the country.

Cambodia touts 150% tax deduction for R&D, skills and factory upgrades

The incentive, highlighted by Lim Visal, Deputy Secretary General of the Cambodian Investment Board, is part of Cambodia’s broader effort to support Qualified Investment Projects (QIPs) operating in priority sectors. By allowing companies to deduct 150% of eligible expenses from taxable income, the government aims to reduce investment costs and encourage businesses to improve productivity, adopt new technologies and develop a more skilled workforce.

New Tax Incentives Designed to Encourage Business Investment

Under Cambodia’s Law on Investment and related regulations, qualified investment projects can receive additional tax benefits when they spend money on activities that contribute to long term business growth. The 150% deduction applies to a range of eligible expenses, including research and innovation activities, employee training programmes, worker accommodation, childcare facilities, transportation support, machinery upgrades and waste management systems.

For businesses, the incentive provides an opportunity to reinvest savings into expansion and modernization. Companies that upgrade their production lines, improve operational efficiency or develop new products may benefit from lower taxable income while building stronger foundations for future growth.

The policy reflects Cambodia’s intention to move beyond traditional manufacturing advantages by encouraging higher value activities such as technology adoption, innovation and skilled labour development. For investors and business leaders, the incentive creates additional motivation to consider Cambodia as a destination for industrial expansion and long term investment.

Supporting Factory Modernization and Workforce Development

One of the main goals of the incentive programme is to help factories improve their competitiveness in regional and global markets. Manufacturing businesses, particularly those operating under CMT and FOB models, are expected to benefit from support for upgrading equipment, improving production systems and strengthening workplace conditions.

Lim Visal explained that CMT and FOB businesses operate differently. CMT factories provide manufacturing services using materials supplied by buyers, while FOB producers are responsible for purchasing raw materials, managing production and arranging shipment of finished goods. Understanding these differences is important because investment requirements and available incentives may vary depending on the business model.

For companies operating in Cambodia’s garment, manufacturing and export sectors, the new tax incentive could help reduce the financial burden of investing in better facilities, employee development and environmentally responsible operations.

Requirements Businesses Must Meet to Access Benefits

Although the incentive offers significant advantages, companies must meet specific requirements to qualify. Businesses must register their projects with the Council for the Development of Cambodia or relevant provincial investment sub committees and maintain accurate documentation proving that their expenses are connected to genuine economic activities.

Proper record keeping will be essential for companies seeking to claim the additional tax deductions. Businesses must demonstrate that their investments are aligned with approved activities and comply with Cambodia’s investment regulations.

Officials also clarified other benefits available to QIPs, including import incentives where customs duties, specific taxes and VAT on eligible imported goods may be covered by the state. These measures are designed to make it easier for approved projects to import necessary equipment, materials and production resources.

Cambodia’s Strategy to Attract More Quality Investment

The introduction of the 150% tax deduction highlights Cambodia’s continued efforts to strengthen its investment environment and attract businesses looking for competitive production locations in Southeast Asia. By supporting innovation, skills development and factory improvements, the government aims to encourage companies to create higher quality jobs and improve industrial capacity.

For entrepreneurs, investors and business executives, understanding these incentives is important when evaluating expansion opportunities in Cambodia. Companies that strategically invest in technology, workforce development and modern facilities may gain both financial advantages and stronger competitiveness in the regional market.

Conclusion

Cambodia’s enhanced 150% tax deduction scheme sends a clear message that the country wants businesses to invest in innovation, people and modern production capabilities. Rather than focusing only on attracting factories, the policy encourages companies to upgrade operations, improve productivity and build sustainable growth. For investors and business leaders, these incentives could create new opportunities to expand in Cambodia while benefiting from a more supportive investment environment.

Read less
Angkor Times
Angkor TimesExperienced
Asked: July 27, 2026In:

Chaktomuk Walk Street has quickly become one of Phnom Penh’s most popular weekend destinations, attracting around 100,000 visitors on Sunday night, July 26, 2026, including approximately 1,000 international tourists. The growing popularity of the pedestrian street reflects Cambodia’s expanding ...Read more

Chaktomuk Walk Street has quickly become one of Phnom Penh’s most popular weekend destinations, attracting around 100,000 visitors on Sunday night, July 26, 2026, including approximately 1,000 international tourists. The growing popularity of the pedestrian street reflects Cambodia’s expanding urban tourism potential, as the city creates more lifestyle, entertainment, and cultural spaces for both residents and visitors.

Chaktomuk Walk Street Becomes a Global Nightlife Star: Why Is Chaktomuk Walk Street Becoming Phnom Penh’s New Global Attraction?

The success of Chaktomuk Walk Street highlights how well planned public spaces can support local businesses, promote tourism, and create new opportunities for entrepreneurs. With increasing visitor numbers each week, the initiative has become an important attraction that showcases Phnom Penh’s vibrant culture, food, entertainment, and hospitality industry.

Growing Popularity Among Local and International Visitors

Dor Samphors, Spokesperson for the Phnom Penh Municipal Administration, said public support for the pedestrian street has continued to increase every week. She explained that municipal authorities, security forces, and local officials have worked continuously to maintain security, public order, public safety, and environmental cleanliness during the event.

Chaktomuk Walk Street

According to Samphors, the number of visitors and overall public interest have steadily grown since Chaktomuk Walk Street was introduced. Authorities from Daun Penh District, together with the Phnom Penh Capital Administration, have collaborated to create a safe, clean, and enjoyable environment where families, tourists, and businesses can benefit.

The increasing foot traffic has also created opportunities for small businesses, food vendors, beverage operators, and local entrepreneurs to connect directly with customers. The pedestrian street has become not only an entertainment venue but also a platform supporting local economic activities.

A New Hub for Culture, Food, and Entertainment

To improve the visitor experience, the Phnom Penh Capital Administration has introduced a wide range of entertainment activities featuring both traditional and modern performances. These programs help highlight Cambodia’s cultural identity while offering visitors a lively atmosphere during their evening visits.

Chaktomuk Walk Street Phnom Penh

Visitors can explore a variety of local food stalls, beverages, and souvenir shops along the pedestrian street. The combination of cultural performances, local products, and community activities has helped Chaktomuk Walk Street become an attractive destination for people looking for authentic Cambodian experiences.

For business owners and investors, the development of Chaktomuk Walk Street demonstrates the growing potential of Cambodia’s tourism and lifestyle economy. Popular public attractions like this can encourage new business models, including restaurants, retail, entertainment services, and tourism related ventures.

Recognized as a Global Nightlife Destination

Chaktomuk Walk Street has gained international attention after being ranked second worldwide as a destination for nighttime entertainment. This recognition has strengthened Phnom Penh’s position as an emerging city for nightlife, cultural experiences, and urban tourism.

The global ranking could further increase international awareness of Phnom Penh, encouraging more tourists to explore the capital city beyond traditional attractions. For Cambodia’s tourism sector, this represents an opportunity to promote longer stays, higher visitor spending, and greater engagement with local businesses.

Diplomatic Missions Choose Chaktomuk Walk Street for Public Events

The popularity of Chaktomuk Walk Street has also attracted attention from international communities in Cambodia. Several diplomatic missions, including the United States Embassy, Chinese Embassy, the European Union Delegation, and other foreign embassies, have selected the location as a venue for hosting important public events.

The involvement of international organizations reflects the growing reputation of the pedestrian street as a safe, accessible, and attractive public space. It also demonstrates Phnom Penh’s efforts to develop modern urban destinations that connect local communities with global visitors.

Conclusion

Chaktomuk Walk Street has transformed from a weekend pedestrian project into one of Phnom Penh’s rising tourism and business destinations. With strong visitor growth, international recognition, cultural activities, and support from public and private stakeholders, the attraction represents Cambodia’s broader ambition to develop more dynamic urban experiences. As Phnom Penh continues to expand its tourism and business ecosystem, destinations like Chaktomuk Walk Street could play an important role in driving local economic growth and attracting international attention.

Read less
Angkor Times
Angkor TimesExperienced
Asked: July 27, 2026In:

Kandal Province is emerging as a new destination for automotive investment as Cambodia’s vehicle market continues to grow. In July 2026, two Cambodian business leaders announced major plans to establish motorcycle and vehicle assembly factories in the province, aiming ...Read more

Kandal Province is emerging as a new destination for automotive investment as Cambodia’s vehicle market continues to grow. In July 2026, two Cambodian business leaders announced major plans to establish motorcycle and vehicle assembly factories in the province, aiming to capture rising domestic demand while strengthening Cambodia’s manufacturing capacity. The projects, led by businessman Sry Chanty and Cheam Khunnan, reflect growing confidence in Cambodia’s industrial potential and the country’s ambition to become part of the regional automotive supply chain.

Cambodia Attracts Two Major Vehicle Assembly Investments in Kandal

The new investments are expected to create more opportunities for local businesses, generate employment, develop technical skills, and encourage Cambodian suppliers to participate in the automotive industry. As Cambodia continues attracting investment in manufacturing and technology, these projects highlight the country’s potential to move beyond assembly and develop a stronger industrial ecosystem.

Okhna Srey Chanthorn Launches AVATAR X Cambodia Motorcycle Assembly Plant

On July 20, 2026, businessman Okhna Srey Chanthorn announced plans to establish a motorcycle assembly factory for AVATAR X CAMBODIA, a Cambodian motorcycle brand built with international technology standards. The factory will be located within the 9NG Special Economic Development Project in Kandal Province.

Okhna Srey Chanthorn

The AVATAR X CAMBODIA project represents an effort to bring modern vehicle technology, international expertise, and manufacturing standards to Cambodia while creating opportunities for local companies involved in producing motorcycle parts and components.

According to Okhna Srey Chanthorn, the project carries a vision focused on empowering Cambodian talent and supporting local industries. He stated: “AVATAR X-CAMBODIA is more than an automotive project, it is a vision for the future of Cambodian people. I want to create opportunities for our young generation to gain skills, develop expertise, and participate in building a modern automotive industry. At the same time, I want Cambodian businesses and manufacturers to produce locally made parts and components to supply our factory. As a Cambodian, my goal is to bring advanced automotive technology, international expertise, and global manufacturing standards to Cambodia. Together, we can create a new milestone for the country’s automotive sector while generating jobs, developing local industries, and building a stronger industrial future for Cambodia.”

The factory is expected to contribute to the development of Cambodia’s motorcycle industry by encouraging local production and reducing dependence on imported components. It could also open new opportunities for Cambodian entrepreneurs who want to enter the automotive parts supply chain.

KNN Group Invests $28 Million in Jetour Vehicle Assembly Factory

A few days later, on July 26, 2026, KNN Group, led by Neak Okhna Cheam Khunnath, officially began construction of a Jetour vehicle assembly factory in Khsach Kandal district, Kandal Province.

Neak Okhna Cheam Khunnath

The project represents a total investment of $28 million and covers 10 hectares of land. The factory is expected to begin production in early 2027, with an annual capacity of more than 20,000 vehicles.

The Jetour assembly facility will be designed to produce and assemble different types of vehicles, including traditional gasoline-powered vehicles, plug-in hybrid electric vehicles (PHEV), and fully electric vehicles (EV). The project aims to serve Cambodia’s growing automotive market while preparing for potential exports to other ASEAN markets in the future.

Advanced Technology and International Production Standards

One of the key features of the Jetour factory is its use of advanced automation systems, including Automated Guided Vehicles (AGV), throughout the production process. This technology is designed to improve efficiency, accuracy, and production quality.

Beyond the assembly line, KNN Group is also investing in a 1,335-metre vehicle testing track built to international standards. The test track will allow every vehicle produced at the factory to undergo quality checks before reaching customers.

The combination of modern manufacturing technology, vehicle testing facilities, and multi-energy vehicle production capability positions the factory as one of Cambodia’s significant steps toward developing a more advanced automotive sector.

What These Investments Mean for Cambodia’s Automotive Future?

The arrival of two major vehicle assembly projects in Kandal Province shows increasing investor confidence in Cambodia’s manufacturing sector. The projects are not only about assembling motorcycles and cars but also about building a wider ecosystem involving suppliers, skilled workers, technology transfer, and supporting industries.

For entrepreneurs and investors, these developments create new possibilities in automotive parts production, logistics, maintenance services, technology solutions, and workforce training. As Cambodia continues integrating into regional supply chains, the automotive sector could become another important driver of industrial growth.

Conclusion

The investment plans by Okhna Srey Chanthorn and Oknha Cheam Khunnath mark a significant milestone for Cambodia’s automotive industry. With the development of AVATAR X CAMBODIA’s motorcycle assembly plant and KNN Group’s Jetour vehicle factory, Kandal Province is becoming a key location for future industrial expansion.

These projects demonstrate Cambodia’s growing ability to attract technology-driven investment while creating opportunities for local businesses and entrepreneurs. As production begins in the coming years, they could help transform Cambodia from a vehicle importing market into a more active participant in regional automotive manufacturing.

Read less
Angkor Times
Angkor TimesExperienced
Asked: July 27, 2026In:

Cambodia is reinforcing its position as a preferred destination for automotive investment as international manufacturers continue to expand their operations in the country. The latest milestone came on July 26 in Khsach Kandal district, Kandal province, where KNN Automotive ...Read more

Cambodia is reinforcing its position as a preferred destination for automotive investment as international manufacturers continue to expand their operations in the country. The latest milestone came on July 26 in Khsach Kandal district, Kandal province, where KNN Automotive Co., Ltd., a subsidiary of KNN Group, officially broke ground on a new vehicle assembly plant. The project reflects growing investor confidence in Cambodia’s stable political environment, improving business climate, and long term economic potential.

Cambodia Strengthens Position as an Automotive Investment Hub

Speaking at the groundbreaking ceremony, Council for the Development of Cambodia (CDC) Cambodian Investment Board Secretary General Chea Vuthy said the investment demonstrates the confidence that both local and international businesses have in Cambodia’s economic outlook. The new facility is expected to support the country’s ambition of becoming a regional automotive manufacturing centre while creating new opportunities for businesses, investors, and skilled workers.

New Assembly Plant Signals Strong Investor Confidence

The launch of KNN Automotive’s vehicle assembly plant marks another important step in Cambodia’s industrial development. The investment highlights the increasing appeal of the country as manufacturers seek competitive production locations in Southeast Asia.

According to Chea Vuthy, Cambodia continues to benefit from a favourable investment environment supported by political stability, business friendly policies, and ongoing economic reforms. These factors have encouraged companies to establish long term operations and expand their manufacturing capabilities across the country.

Investment Momentum Continues to Accelerate

Cambodia’s investment performance has remained strong over the past two years. In 2025, the Council for the Development of Cambodia approved 630 investment projects with a combined value of nearly $10 billion, demonstrating sustained confidence from both domestic and international investors.

The positive trend has continued into 2026. During the first six months of the year, the CDC approved another 276 investment projects valued at approximately $4.7 billion. These figures highlight the country’s growing attractiveness as a destination for industrial production, manufacturing, and business expansion.

Special Economic Zones Drive Industrial Growth

One of the key contributors to Cambodia’s investment success has been the continued expansion of Special Economic Zones. These industrial zones have played an important role in attracting high value investments while supporting the diversification of the country’s manufacturing sector.

Chea Vuthy noted that Cambodia is steadily developing into an automotive manufacturing hub, supported by the establishment of vehicle assembly plants, tyre manufacturing facilities, and automotive parts suppliers. This growing ecosystem is strengthening the country’s industrial capacity and increasing its competitiveness within regional supply chains.

Automotive Industry Creates Long Term Economic Benefits

The expansion of automotive manufacturing is expected to generate significant economic benefits for Cambodia beyond increased investment value. New factories will create employment opportunities, promote technology transfer, strengthen workforce skills, and deepen Cambodia’s integration into global manufacturing networks.

The CDC reaffirmed its commitment to working closely with investors to ensure projects are implemented efficiently and successfully. By supporting business growth and improving competitiveness, Cambodia aims to attract even more high quality investments that contribute to sustainable economic development.

Conclusion

The groundbreaking of KNN Automotive’s new vehicle assembly plant reflects Cambodia’s growing reputation as a competitive manufacturing destination in Southeast Asia. Supported by strong investment inflows, expanding Special Economic Zones, and government efforts to improve the business environment, the country is steadily building a stronger automotive industry. As more manufacturers establish operations in Cambodia, the sector is expected to create new jobs, encourage technology transfer, and position the Kingdom as an increasingly important player in regional and global supply chains.

Source: Khmer Times and AKP. For more information, visit the official Council for the Development of Cambodia website at https://cdc.gov.kh.

Read less