Takeo Province is one of Cambodia’s oldest historically significant regions, often regarded as the cradle of early Khmer civilization. The area was part of the ancient kingdom of Funan, with archaeological sites like Angkor Borei and Phnom Da reflecting centuries of cultural and political development long before the Angkor era. Located in southern Cambodia, Takeo borders Kandal Province and Kampot Province, while also sharing an international border with Vietnam, making it strategically connected for both domestic trade and cross border commerce.
Covering an area of approximately 3,563 square kilometers, Takeo Province has a population of around 900,000 people based on recent estimates. The province remains largely agricultural, with most residents engaged in rice farming, fishing, and small scale trading, while gradually expanding into light manufacturing and agro industry. Its proximity to Phnom Penh also supports labor mobility and economic integration, positioning Takeo as both a traditional agricultural base and an emerging investment destination.
Takeo Province is quickly emerging as one of Cambodia’s most dynamic investment destinations, and a newly approved factory project worth nearly $50 million is another strong signal of that momentum. For business leaders, investors, and professionals tracking Cambodia’s industrial growth, this development is more than just a local milestone. It reflects a broader shift in where capital, jobs, and manufacturing capacity are heading.
What’s Happening and Where?
On March 17, 2026, the Investment Committee of Cambodia approved a major new factory project by ORIENT HONDA INDUSTRIAL (CAMBODIA) CO., LTD.. The project carries a total investment of $46.3 million and will be located in Traing District, spanning Trapam Chhouk Village in Tra Lach Commune and Trapaeng Chrey Village in Smoung Commune, in Takeo Province.
Once operational, the factory is expected to create approximately 330 jobs, contributing directly to local employment and income generation in the region.
Why It Matters for Business and Investment?
This project is not an isolated event. Takeo is increasingly becoming a strategic hub for industrial expansion. In 2025 alone, the province attracted 64 investment projects, and in just the first two months of 2026, it secured 14 more. That pace indicates strong investor confidence and improving fundamentals such as infrastructure, labor availability, and regional connectivity.
For investors and executives, this signals an opportunity to enter a province that is still in its growth phase but already gaining traction. Early positioning in such markets often translates into lower costs, access to talent, and first-mover advantages.
How This Impacts the Local Economy?
The direct creation of 330 jobs is only part of the story. New factories typically generate multiplier effects across the local economy. Suppliers, logistics providers, service businesses, and small enterprises all benefit from increased economic activity. Over time, this contributes to stronger provincial development and more balanced economic growth beyond major urban centers.
Why You Should Pay Attention Now?
Takeo’s rise reflects a broader decentralization trend in Cambodia’s industrial landscape. As provinces outside traditional hubs gain investment, the competitive map is shifting. For business leaders, this means new opportunities for expansion, partnerships, and supply chain diversification.
For investors, it highlights where future growth corridors may emerge. And for policymakers and development stakeholders, it reinforces the importance of supporting infrastructure and workforce development in these high-potential regions.
The Bottom Line
A $50 million factory may seem like a single project, but in context, it represents accelerating momentum. Takeo is no longer just a secondary province. It is becoming a serious player in Cambodia’s investment landscape.
If you are tracking where the next wave of industrial growth is heading in Cambodia, Takeo is a province you cannot afford to ignore.