Whilst China was not the architect of the development path, SEZs in Cambodia current a purely natural alignment with the event priorities on the Chinese authorities, since they request to offshore reduced-tech manufacturing. The SSEZ has actually been a precedence of The 2 governments considering the fact that 2006, when it absolutely was picked as a pilot ‘foreign financial trade cooperation zone’ by China’s Ministry of Commerce (MOFCOM).

Cambodia started to integrate SEZs into its very long-expression growth strategy way back to 1998. This was expanded in subsequent Rectangular Strategy files, the five-year programs that set out The federal government enhancement agenda. SEZs have persistently received significant-level assist as Section of a drive to appeal to international financial commitment, raise productiveness, produce employment, and bolster the export-oriented overall economy. 

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’ Later that calendar year, soon after meeting the provincial governor, the SSEZ general supervisor referred to your provincial federal government as being a ‘highly effective supporter’ in the zone, which might aid to take care of troubles ‘such as unlawful worker strike’.

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The 2nd period will find to take full advantage of the regional port, focussing within the introduction of machinery, devices, constructing components, along with other industries. By March 2020, 174 factories were founded while in the zone, reportedly employing thirty,000 Slot gacor folks and making the SSEZ Cambodia’s most significant export base. The overwhelming majority of zone tenants are Chinese organizations. In 2019, the SSEZ commenced creating a focused one hundred MW coal power plant so that you can supply reliable Electricity supply. This was financed by using a bank loan from ICBC Phnom Penh.