Reduced road tax aims to accelerate EV uptake in Cambodia

Economy and Industry

Reduced road tax aims to accelerate EV uptake in Cambodia Cambodia has reduced road tax for electric vehicles (EVs) to encourage their use, with new vehicles paying between $25 and $200, and vehicles at least 10 years old paying $15 to $50. The new rate applies to EVs classified under Article 4, such as small four-door cargo and passenger vehicles. The Royal Government's decision to promote EV use aligns with the National Policy on the Development of Electric Vehicles 2024-2030. The Electricity Authority of Cambodia reduced the cost of EV charging stations from 1,600 riel per kWh to 1,050 riel per kWh for AC and 1,350 riel per kWh for DC to encourage EV adoption. In 2024, 2,253 electric cars were registered in Cambodia, a 620 percent increase from 313 units in 2023, with three leading electric car brands on the road. (Source: Kiripost)

Cambodia sees 4.08M overseas air arrivals in first seven months of year Cambodia experienced a 16% YoY increase in air travel in the first seven months of 2025, according to the State Secretariat of Civil Aviation (SSCA). The country's airports handled 37,492 flights between January and July, and recorded a 28% surge in air cargo volume to 47,218 tonnes. The new international airports, including Siem Reap Angkor International Airport (SAI), are expected to boost Cambodia's post-pandemic tourism recovery, particularly focusing on reactivating long-haul arrivals from the European market and stimulating local economic activity in the province. Booking.com revealed encouraging booking trends, reflecting strong international interest in Siem Reap as a leading travel destination. The Angkor Archaeological Park in Siem Reap has seen an 8.76 percent increase in foreign tourists in the first half of this year, despite ongoing border tensions between Cambodia and Thailand. (Source: Khmer Times)

Chinese-backed projects propel industrial expansion in Kampong Speu Cambodia is bolstering its industrial base with Chinese investment in Kampong Speu province, marking a significant turning point in the country's transformation into the second-largest industrial hub after Phnom Penh. The ASEAN Building Materials Industrial Park, launched by China and Cambodia, will cover industries such as wood processing and textiles, covering the full production chain from raw materials to finished products. The Kampong Speu Premier Special Economic Zone, covering 400 hectares, will absorb a workforce of between 60,000 and 70,000 people when fully operational. The investment sector grew by 8.5% in 2024 and is projected to rise to 8.6% in 2025, contributing over 43% of national GDP. (Source: The Phnom Penh Post)

Corporate News

Philippines hospitality giant plans Cambodia's largest hotel Hotel101 Global Pte Ltd, a subsidiary of Hotel101 Global Holdings Corp and DoubleDragon Corp, has partnered with Canopy Sands Development Co Ltd to construct the largest hotel in Cambodia. The two projects, Hotel101-Phnom Penh and Hotel101-Sihanoukville, are expected to generate $109.55 million in sales revenue and are expected to be completed by 2028. Cambodia is a promising market, with over 6.7 million international visitors in 2024, and the Techo International Airport in Phnom Penh is expected to grow tourist arrivals further. The expansion is part of the group's long-term target to develop 50,000 rooms in the Philippines and a global portfolio of one million rooms across 100 countries. The hospitality sector in Cambodia is experiencing strong growth, driven by increasing tourism and strategic government initiatives. Major five-star hotels in Phnom Penh and Siem Reap are expected to attract more visitors and foreign investment. (Source: Khmer Times)

Stock Market

GTI leads gains as CSX index rises 0.05% On 25 August 2025, the CSX Index rose 0.05% to close at 405.2 points. On the Main Board, GTI (+1.41%), PWSA (+0.64%), PPSP (+0.49%), and CGSM (+0.41%) posted gains, while PEPC (-0.75%), PPAP (-0.73%), PAS (-0.66%), MJQE (-0.50%), and ABC (-0.29%) recorded losses. On the Growth Board, DBDE slipped 0.49%, while JSL advanced 0.36%. Total trading volume reached 60,269 shares, with a turnover of KHR 317 million. (Source: YSC Research)

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