Cambodian Government Optimizes Business Environment

The Cambodian government recently announced the formation of a task force with over 30 departments at the 2025 Cambodia-ASEAN Business Summit, aimed at optimizing the business environment to attract foreign investors. The government plans to reduce the burden on the private sector and promote sustainable economic development through reforms. Key initiatives include advancing trade liberalization to establish a fair trading environment and offering tax incentives of up to 15 years for priority sectors under the new Investment Law. Additionally, the government will provide vocational and technical training for 1.5 million youth to meet the demand for skilled labor. These efforts enhance Cambodia's investment appeal and create more opportunities for foreign investors.