What are the key incentives for Hong Kong investors in Preah Sihanouk?

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Key Incentives for Hong Kong Investors in Preah Sihanouk Province

Preah Sihanouk Province is actively seeking to attract Hong Kong investors by highlighting its strategic advantages, supportive government initiatives, and a favourable investment climate. The province, designated as a Multi-Purpose Special Economic Zone (MPSEZ), offers a deep-water port and access to Cambodia's expanding economy. Government efforts include a dedicated "Special Program to Promote Investment in Preah Sihanouk Province 2024" and a streamlined "One-Stop-Window" for investment facilitation.
Strategic Location and Infrastructure Access

The province boasts a deep-water port, which is a critical asset for international trade and logistics, providing direct access to global shipping routes. This infrastructure is complemented by airports and expressways, facilitating efficient movement of goods and people. Its favourable location also supports a growing tourism sector, creating a diversified economic landscape attractive to various industries.
Government Support and Investment Facilitation

Cambodia's government is committed to fostering investment in Preah Sihanouk Province through specific programs and streamlined processes. The "Special Program to Promote Investment in Preah Sihanouk Province 2024" aims to nurture a conducive business environment. Furthermore, the "One-Stop-Window" service is designed to expedite investment procedures, offering a centralised point of contact for investors.
Tax Agreements and Economic Partnerships

To encourage foreign investment, a significant tax agreement was signed in late 2019. This pact focuses on avoiding double taxation and preventing fiscal evasion related to income taxes, creating a more predictable and secure financial framework for investors. The deepening relationship between the Hong Kong government and Cambodia, marked by MoUs and business agreements, further underscores a commitment to transparent and mutually beneficial economic partnerships.
Diverse Opportunities within the MPSEZ

As a Multi-Purpose Special Economic Zone, Preah Sihanouk Province is being transformed into a regional logistics hub and an international gateway for trade, finance, and tourism. This designation creates diverse opportunities across multiple sectors, including logistics, manufacturing, construction, and finance, making it an appealing destination for long-term, high-value investments.

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What are the key incentives for Hong Kong investors in Preah Sihanouk?

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