Special economic zones in Cambodia
Contents
Special economic zones (SEZs) in Cambodia are industrial areas where companies, mostly manufacturers and exporters, can set up with ready infrastructure and simplified administration. The legal framework was set by a sub-decree on special economic zones in 2005, and zones are overseen through the Council for the Development of Cambodia.[1]
What zones offer
- Serviced land and factory buildings with power, water and roads
- On-site offices for customs, permits and labour procedures
- Access to investment incentives for qualifying projects
- Locations near ports, borders or main highways
Where they are
Zones are concentrated around Phnom Penh, in Preah Sihanouk province near the deep-sea port, and along the borders with Vietnam and Thailand, such as Bavet and Poipet. Well-known examples include the Phnom Penh SEZ and the Sihanoukville SEZ.
Who uses them
Garment, footwear and travel goods makers have long been the largest users. Electronics parts, bicycles, auto parts and food processing have grown as investors diversify production.[2]
What investors should check
- Lease terms, utility costs and reliability of power supply
- Distance and transport cost to the port or border
- Availability of skilled workers nearby
- Which incentives apply to the specific project
See also
References
- ^Council for the Development of Cambodia, Cambodian Special Economic Zone Board, https://www.cdc.gov.kh
- ^World Bank, Cambodia Economic Update, https://www.worldbank.org/en/country/cambodia