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Government to Provide Special Incentives for the Cashew Industry

Posted on July 1, 2025

Kampong Thom Cashew Agro-Industrial Zone

The Kampong Thom Cashew Agro-Industrial Park will receive both fiscal and non-fiscal incentives under investment law, plus additional special benefits, announced Chea Vuthy, Secretary General of the Cambodian Investment Board (CIB), during a meeting with Chinese company Sinomach Hainan Development Co., Ltd.

Prime Minister Hun Manet’s government has prioritized cashew industry development, establishing a dedicated cashew agro-industrial zone to support the complete value chain from planting to processing finished products.

Production Success and Market Outlook

Cambodia’s modern farming communities have shown promising results. After seven months of collaboration, Kampong Thom’s modern farming community successfully harvested its first cashew batch, with plans to harvest 1.5-2 tonnes per hectare. The transition to modern agriculture has enabled more effective use of chemicals and fertilizers, leading to faster blooming, fruiting, and higher-priced sales.

MAFF Undersecretary Khim Finan indicated that 2025 cashew yields could remain stable or increase compared to 2024. Three modern farming communities in Kampong Thom have already secured contracts worth over USD 1 million, supplying 400 tonnes to Japanese company MIRARTH Agri Tech (USD 650,000) and 300 tonnes to Santana Agro Products (USD 400,000). Cambodia has a significant unused processing capacity of 50,000 tonnes and can easily supply 3,000 tonnes of processed cashews annually to private companies. In 2024, Cambodia produced nearly 900,000 tonnes of fresh cashew nuts, exported over 30,000 tonnes of processed cashews, and exported 588,546 tonnes of raw cashews to 14 countries, including Vietnam, Thailand, China, India, and European markets.

 

Source: Govt to provide special incentives to cashew industry | Khmer Times (khmertimeskh.com)

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