This paper proposes an inferential method for the semiparametric proportional hazards model for progressively Type-II censored data. We establish martingale properties of counting processes based on progressively Type-II censored data that allow to derive the asymptotic behavior of estimators of the regression parameter, the conditional cumulative hazard rate functions, and the conditional reliability functions. A Monte Carlo study and an example are provided to illustrate the behavior of our estimators and to compare progressive Type-II censoring sampling plans with classical Type-II right censoring sampling plan.