Land

Public land lease

Marvel Garment Co expanding in PPSEZ

Phnom Penh Special Economic Zone Plc (PPSP) and Marvel Garment Co Ltd signed a lease agreement over the weekend for additional land. The signing was made by PPSP Chairman Tan Kak Khun and Marvel Garment’s General Manager, Yan Delin. ...

Sok Chan
https://www.khmertimeskh.com/50799994/marvel-garment-co-expanding-in-pp-sez/

SEZ developer PPSP breaks ground on new rental warehouse

The Cambodia Securities Exchange- (CSX) listed Phnom Penh SEZ Plc (PPSP) on December 21 broke ground on a new rental warehouse which is expected to be operational in July next year, according to a senior official of the industrial zone operator. ...

May Kunmakara
https://www.phnompenhpost.com/business/sez-developer-ppsp-breaks-ground-new-rental-warehouse

PPSP share buyback planned for mid-December

Phnom Penh Special Economic Zone (PPSP) will commence and execute its share buyback plan in the middle of December, if approved by the exchange and its regulator, according to information given to Khmer Times by the company’s management. ...

Harrison White
https://www.khmertimeskh.com/50789601/ppsp-share-buyback-planned-for-mid-december/

NGO embarks on mission for green SEZs

Motivated to build a green industrial zone in Cambodia, the newly-established NGO Environmental Protection Industry Associations of Cambodia (Epiac) will work with Chinese-owned industrial park developer and operator QiLu (Cambodia) Special Economic Zone Co Ltd to set a new precedent for environmentally-friendly design and construction. ...

May Kunmakara
https://www.phnompenhpost.com/business/ngo-embarks-mission-green-sezs

PPSP refutes Singapore group’s power allegations

Cambodia Securities Exchange- (CSX-) listed Phnom Penh Special Economic Zone Plc (PPSP) refuted Singapore-based Asiatic Group (Holdings) Ltd’s (AGH) allegations over breaching a power plant joint venture (JV) agreement. ...

May Kunmakara
https://www.phnompenhpost.com/business/ppsp-refutes-singapore-groups-power-allegations

Royal Group planning 100sq km SEZ in Botum Sakor National Park

The Royal Group of Companies Ltd, a leading local conglomerate, will invest in the construction of a 100sq km special economic zone (SEZ) in Koh Kong province’s Botum Sakor National Park. This is an apparent bid to capitalise on the ongoing inflow of investment to ...

May Kunmakara
https://www.phnompenhpost.com/business/royal-group-planning-100sq-km-sez-botum-sakor-national-park

Green SEZ set for Svay Rieng town

Chinese-owned industrial park developer and operator QiLu (Cambodia) Special Economic Zone Co Ltd on Thursday signed a strategic partnership with Environmental Protection Industry Associations of Cambodia (Epiac). ...

May Kunmakara
https://www.phnompenhpost.com/business/green-sez-set-svay-rieng-town

Lyly Food to build special economic zone in Sihanoukville

A senior executive officer of Cambodian rice-crackers manufacturer Lyly Food Industry Co Ltd has said the company will build a special economic zone (SEZ) in Preash Sihanouk province and plans to launch it next year. ...

Sok Chan
https://www.khmertimeskh.com/50774342/lyly-food-to-build-special-economic-zone-in-sihanoukville/

PPSP: No dividends but share buyback

The Cambodia Securities Exchange (CSX)-listed Phnom Penh SEZ Plc (PPSP) has announced that it will have no dividend distribution this year and will also be buying back company shares (at an undisclosed volume and value), according to documents filed to the exchange. ...

Harrison White
https://www.khmertimeskh.com/50773546/ppsp-no-dividends-but-share-buyback/

Senator Ly Yong Phat’s Family Given Preah Sihanouk State Land for Tourism Development

The Cambodian government has granted a 600-hectare concession to the family of notorious tycoon Ly Yong Phat, whose sugarcane concessions have been at the center of human rights violations. ...

Sun Narin
https://www.voacambodia.com/a/senator-ly-yong-phat-family-given-preah-sihanouk-state-land-for-tourism-development/5613723.html

Boost for special economic zones

Cambodia exports via Svay Rieng province-based special economic zones (SEZs) alone reached more than $124.87 million in August, an increase of more than $57 million in July, according to figures from the Ministry of Commerce. ...

Sorn Sarath
https://www.khmertimeskh.com/50765345/boost-for-special-economic-zones/

Cambodia’s land concessions yield few benefits, sow social and environmental devastation

Cambodia’s government has strenuously promoted long-term leasing of unused land as Economic Land Concessions (ELCs) to attract investors and encourage development in the impoverished nation, but observers say the policy has resulted in few benefits at the cost of huge social and environmental impacts. ...

RFA staff
https://www.rfa.org/english/news/cambodia/concessions-08262020174829.html

After massive growth, special economic zone will face hurdles

Phnom Penh Special Economic Zone Plc (PPSEZ) will suffer severely from the impact of the COVID-19 pandemic this year after reporting healthy results in 2019, according to the company’s senior officials. ...

Sorn Sarath
https://www.khmertimeskh.com/50739183/after-massive-growth-special-economic-zone-will-face-hurdles/

Koh Rong land ‘belongs to firm’

Preah Sihanouk Provincial Administration spokesperson Kheang Phearum told The Post on Sunday that the 35ha being bulldozed by Royal Group Co Ltd in Koh Rong belongs to it after it was leased to it for 99 years by the government in 2008. ...

Voun Dara
https://opendevelopmentcambodia.net/news/former-undersecretary-of-state-charged-over-1000-hectare-grab/

New committee created to protect Koh Kong Krao

Prime Minister Hun Sen has created a committee tasked with monitoring Koh Kong SEZ Co Ltd’s development of Koh Kong Krao island in Koh Kong province’s Koh Kapi commune. The Council of Ministers first announced the development project on June 14, 2019, according to Hun ...

Long Kimmarita
https://www.phnompenhpost.com/national/new-committee-created-protect-koh-kong-krao

Masterplan for Preah Sihanouk province

Preah Sihanouk province will soon become a multi-purpose special economic zone and potentially the industrial hub of Cambodia, according to a senior official from the Ministry of Economy and Finance. ...

Sok Chan
https://www.khmertimeskh.com/50688097/masterplan-for-preah-sihanouk-province

Preah Sihanouk to be turned into ‘second Shenzhen’

The government aims to transform Sihanoukville into Cambodia’s industrial hub – a “second Shenzhen city”, Ministry of Economy and Finance secretary of state Vongsey Vissoth said. Located along the coast, Preah Sihanouk province boasts an international airport, a railway line connected to Phnom Penh and ...

May Kunmakara
https://www.phnompenhpost.com/national/preah-sihanouk-be-turned-second-shenzhen

Cambodia has 54 special economic zones, more to come

As of 2019, Cambodia has in total 54 Special Economic Zones, according to the Council for the Development of Cambodia. In 2019, the exports from Cambodia’s Special Economic Zones were US$2,688 million, up 27 percent compared to 2018, continued the source. ...

Khmer Times Team
https://www.khmertimeskh.com/50686294/cambodia-has-54-special-economic-zones-more-to-come

Exports from SEZs soar 27% year-on-year

Cambodia’s exports through the special economic zones (SEZs) last year increased by about 27 per cent compared to 2018, Minister of Economy and Finance Aun Pornmoniroth said on Thursday. Speaking during a visit to the Phnom Penh Special Economic Zone (PPSEZ), Pornmoniroth said the total ...

Hin Pisei
https://www.phnompenhpost.com/business/exports-sezs-soar-27-year-year

PM: ‘Border ravaged by war must enrich people’

Prime Minister Hun Sen has called for further investment in establishing special economic zones (SEZs) along the border with neighbouring Vietnam. Hun Sen was speaking at the inauguration of the Da Market in Tbong Khmum province on Tuesday as the government works to attract further foreign ...

May Kunmakara
https://www.phnompenhpost.com/business/pm-border-ravaged-war-must-enrich-people

Japan firm opens logistics centre in PPSEZ

Nippon Express (NPEXY), a Japanese firm specialising in lorry, rail, and air transport services, launched its new logistics centre at the Phnom Penh Special Economic Zone (PPSEZ) on Monday. ...

Thou Vireak
https://www.phnompenhpost.com/business/japan-firm-opens-logistics-centre-ppsez

Cambodia-VN forum hears plans for cross-border SEZ

The Cambodia Chamber of Commerce (CCC) and more than 60 companies from Vietnam’s southern provinces held a business forum on Friday to discuss the establishment of a special economic zone (SEZ) along the border of the two countries. CCC vice-president Lim Heng, who presided over ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodia-vn-forum-hears-plans-cross-border-sez

Gov’t denies CCIM land concessions report

A government official has denied information recently released by the Cambodian Centre for Independent Media (CCIM) about the impact of investment in land concessions in several provinces.​He considered the information to be dated and the problem already solved, but welcomed the investigation of complaints, if ...

Khorn Savi
https://www.phnompenhpost.com/national/govt-denies-ccim-land-concessions-report

Kampong Chhnang governor denies Vietnamese land rumours

Kampong Chhnang provincial Governor Chhour Chandoeun yesterday dismissed rumours that the government is giving land concessions to Vietnamese people from a floating village on Tonle Sap lake. He said that the provincial authorities are in the process of resettling Cambodians and Vietnamese from the floating ...

Mom Kunthear
https://www.khmertimeskh.com/50664367/kampong-chhnang-governor-denies-vietnamese-land-rumours/

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