The Ministry of Economy and Finance has announced Notification on the Additional Incentive on Property Tax for Stalled Construction Projects in Sihanoukville.

Pursuant to the decision made by the Royal Government of Cambodia, MEF would like to inform to the owners of stalled projects in Sihanoukville that the Royal Government has decided to continue to provide additional incentives by allowing property tax exemption as stipulated in the “Sihanoukville Investment Promotion Program 2024”.

This initiative applies to projects launched since 2016 and will remain in effect until the end of 2028. In line with the government’s decision, the MEF announced that it will maintain additional incentives for developers whose building projects in Sihanoukville province have stalled. These include exemptions from property tax under the “Special Program to Promote Investment in Sihanoukville province 2024,” regardless of whether construction is completed by 2025.

The MEF clarified that the tax exemptions apply to all stalled construction projects in Preah Sihanouk province, even if they do not fall within the program’s designated scope.

Furthermore, for stalled projects that have not yet received any form of support—such as tax incentives under the program, project owners may apply to the Working Group to Promote Investment in Sihanoukville Province to request additional incentives, beyond the property tax exemption.

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