
Cambodia Extends Tax Incentives for Domestic Cement Production for Two More Years
The Cambodian government has decided to extend tax incentives for domestic cement production by two years, aiming to maintain the industry's competitiveness and encourage investment. This move is expected to contribute to the sector's sustainable development and economic growth.
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The Cambodian government has decided to extend tax incentives for domestically produced cement products for another two years. Prime Minister Hun Manet announced this decision during a meeting with representatives of the Cement Industry Association, pledging continued support for the domestic industry to enhance competitiveness and attract investment.
- Cambodia Extends Tax Incentives for Domestic Cement Production for Two More Years
Cambodian Prime Minister Hun Manet has decided to extend tax incentives for domestic cement production for another two years, aiming to strengthen the competitiveness of local industries and promote investment. The country's cement sector boasts an annual production capacity of 12 million tons, with approximately 90% of its workforce being local hires.