\n The value of imports and exports passing through the Sihanoukville Special Economic Zone (SSEZ) in Cambodia was amounted to US$628 million in the first two months of 2024, a year-on-year increase of 38.3 percent compared to the same period in 2023, the company said in a news release.<\/p>\n
‘This indicates that the SSEZ is one of the key catalysts for Cambodia’s development,’ the zone operator underlined.<\/p>\n
SSEZ continues to enhance industrial competitiveness by focusing on attracting investment in sectors such as machinery, automobile accessories, tyres and new photovoltaic material.<\/p>\n
Since the start of 2024, the SSEZ has welcomed eight new enterprises, increasing the total number of businesses from various parts of the world to 188.<\/p>\n
Jointly ventured by Chinese and Cambodian investors, the SSEZ is a flagship project under China’s Belt and Road Initiative (BRI).<\/p>\n
In 2023, the trade value of all factories and enterprises in the zone reached US$3.36 billion, a 34.86 percent increase compared to 2022, representing ap
\nproximately 7.18 percent of the country’s total trade volume of US$46.83 billion, according to the SSEZ.<\/p>\n
Situated in the south-western coastal province of Preah Sihanouk, the SSEZ is the country’s largest industrial zone in terms of size and occupancy.<\/p>\n
Founded in 2008, the SSEZ is expected to accommodate up to 300 enterprises in coming years which can generate up to 100,000 jobs for local people.<\/p>\n
Source: Agence Kampuchea Presse<\/p>\n","protected":false},"excerpt":{"rendered":"
The value of imports and exports passing through the Sihanoukville Special Economic Zone (SSEZ) in Cambodia was amounted to US$628 million in the first two months of 2024, a year-on-year increase of 38.3 percent compared to the same period in 2023, t…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"yoast_head":"\n