Baku:Preah Sihanouk Cambodia's Preah Sihanouk province has approved 14 new investment projects valued at over US$237 million, anticipated to create approximately 2,700 jobs for local residents. These developments were reviewed and supported during the 28th meeting of the Investment Promotion Working Group for Preah Sihanouk Province.

According to Agence Kampuchea Presse, the meeting was held on Tuesday at the Ministry of Economy and Finance, chaired by H.E. Dr. Hean Sahib, advisor to Prime Minister Samdech Moha Borvor Thipadei Hun Manet. He was joined by Preah Sihanouk Deputy Provincial Governor Mr. Long Dimanche and officials from relevant ministries and provincial administrations.

Mr. Long Dimanche highlighted that the approved projects span multiple sectors, including multi-functional building projects, hotels, industrial parks, bonded warehouses, plywood manufacturing, glue production, and medical equipment factories.

H.E. Dr. Hean Sahib called on participating ministries and institutions to enhance cooperation and effectively implement policy measures with transparency. He underscored the importance of a unified system approach to address remaining challenges, aiming to boost economic development and attract further investment to the coastal province.

Official data indicates that from 2024 to October 2026, the working group has facilitated 511 investment projects with an estimated total capital of US$8.5 billion, creating over 60,000 jobs. These projects include 218 initiatives targeting stalled building developments, 252 new or non-stalled projects, 26 expansion projects, and 15 existing business operations.