Cambodia: Prime Minister Hun Manet has announced that tax incentives for local cement producers will be extended for two years until the end of 2028. He made the declaration during a meeting with Cambodia Cement Manufacturing Association (CCMA) chair Vinh Huor at the Peace Palace in Phnom Penh, according to the Xinhua News Agency. The CCMA chair revealed that CCMA member companies have invested approximately US$1.2bn to reach a production capacity of 12My/yr. CCMA members supply 8 – 9Mt/yr to the local market and 85% of raw materials are sourced locally.
Tax incentives on cement production to be extended in Cambodia
