On 29 November 2024, the Royal Government of the Kingdom of Cambodia (“RGC“) issued a new decision on Identification of Priority Sectors for Public-Private Partnership Projects  (“PPP Projects“) for the years 2025-2035 (“Decision No. 230”) following consultation workshops held by the Ministry of Economy and Finance with the aim to collect input and recommendations from various stakeholders, including line ministries, state-owned enterprises, development partners, and the World Bank.

The Decision No. 230 particularly identified three priority sectors within the PPP model for the next 10 years, being: 

1. transportation and logistics sector (roads, bridges, ports, and logistics); 
2. energy sector; and 
3. public services sector (clean water supply and waste management).  

The determination of these priority sectors provides additional clarity on the country’s needs for private partners’ participation with the RGC in developing these sectors, among other eligible sectors provided in Article 8 of the 2021 Law on Public-Private Partnerships (“PPP Law“), through PPP mechanism for the upcoming decade.   

With this prioritization and the clear legal framework in Cambodia in relation to PPP Projects (i.e., the PPP Law and its implementing regulations providing comprehensive Standard Operating Procedures which contains clear guidelines and procedures for each phase of PPP Projects), the development partners and investors will be afforded with attractive investment opportunities in these sectors, along with the numerous incentives, governmental supports and legal protection.  

If you have any queries on the above, please feel free to reach out to any of the contributing authors below: 

Contributing Authors: 

Daron Wong 

Partner 

+855 23 999 878 

daron.wong@soksiphana.com 

Visot Nom 

Associate 

+855 23 999 878 

visot.nom@soksiphana.com  ​ 

This alert is for general information only and is not a substitute for legal advice.