Public land lease
Special economic zones
Labor shortage hits coastal SEZ
Preah Sihanouk province’s special economic zone (SEZ) does not have enough workers to keep its manufacturing plants and services running at full capacity, officials said. ...
Chea Vannak
http://www.khmertimeskh.com/news/21963/labor-shortage-hits-coastal-sez/
Families file complaint against CPP senator
Nine families who lost their farmland to an under-construction special economic zone (SEZ) in Koh Kong province filed a complaint with the provincial government on Friday seeking to have the land excised from the industrial park and returned to them. ...
Kuch Naren
https://www.cambodiadaily.com/news/families-file-complaint-against-cpp-senator-108773/
Cambodia aims higher in manufacturing sector
After decades of solid growth driven by its garment industry, Cambodia is seeking to shift its economy into more sophisticated light manufacturing, such as electronics and auto-parts. Most of these manufacturers are Japanese and they are slowly coming online in Cambodia’s special economic zones, aiming ...
Daniel De Carteret, Chan Muyhong
http://www.voanews.com/content/cambodia-aims-higher-in-manufacturing-sector/3184557.html
Timberland parent company investigating cleaver attack claims
The parent company of U.S. apparel giant Timberland has launched an investigation into claims that security guards at a special economic zone in Kandal province viciously attacked the workers that make the brand’s clothing and footwear, a company representative said Wednesday. ...
George Wright and Aun Pheap
https://www.cambodiadaily.com/news/timberland-parent-company-investigating-cleaver-attack-claims-107414/
Pheap denies link to timber at Mondulkiri ELC
As a national crackdown on illegal logging rumbles on, Try Pheap, Cambodia’s most prominent timber tycoon, issued a public denial of reports that he was linked to an economic land concession (ELC) where authorities found hundreds of cubic metres of potentially illegal timber. ...
Phak Seangly and Mech Dara
http://www.phnompenhpost.com/national/pheap-denies-link-timber-mondulkiri-elc
Court will summon workers, owners over Bavet city riots
Factory owners and four jailed garment workers will be summoned today to appear at the Svay Rieng Provincial Court in the coming days to provide “clarification” over a series of walkouts and riots that struck two special economic zones (SEZs) in Bavet City last month, ...
Kang Sothear
https://www.cambodiadaily.com/news/court-will-summon-workers-owners-over-bavet-city-riots-104397/
Despite a slow start, SEZ profits booming
Special economic zones (SEZs), billed as a one-stop shop for potential investors, have had a slow start in the Kingdom – only 13 out of 30 registered zones are operational – with many failing to get off the ground given the difficulty in providing the ...
Sor Chandara
http://www.phnompenhpost.com/business/despite-slow-start-sez-profits-booming
Bavet city SEZs close amid violent protests
Two economic zones in Svay Rieng province’s Bavet City closed down on Thursday, sending some 30,000 workers home over what local officials said were violent protests by groups of workers demanding higher wages. ...
Kang Sothear
https://www.cambodiadaily.com/news/bavet-city-sezs-close-amid-violent-protests-103351/
PPSEZ plans bookbuild for scaled-back IPO
Phnom Penh Special Economic Zone (PPSEZ), the private firm that operates Cambodia’s most developed industrial park, will hold a bookbuild for investors later this month for an initial public offering it hopes will raise up to $11.6 million for expansion and debt repayment, according to ...
Cam McGrath
http://www.phnompenhpost.com/business/ppsez-plans-bookbuild-scaled-back-ipo
PPSEZ sweetens its IPO plan
The book-build and upcoming listing of the capital’s port operator has taken some of the wind out of the sails of the IPO plans Phnom Penh Special Economic Zone (PPSEZ), but the industrial park operator has charted a new course and sweetened its dividend policy ...
Cam McGrath
http://www.phnompenhpost.com/business/ppsez-sweetens-its-ipo-plan
Ministry forecasts surge in jobs at Sihanoukville SEZ
The number of workers at the Sihanoukville Special Economic Zone (SSEZ) is expected to increase from 30,000 now to 200,000 in the next few years as the port city becomes a manufacturing hub for the Kingdom, a senior official with the Commerce Ministry said yesterday. ...
Sok Chan
http://www.khmertimeskh.com/news/17282/ministry-forecasts-surge-in-jobs-at-sihanoukville-sez/
Special Economic Zones ‘key to future’
Special Economic Zones (SEZs) have brought almost 70,000 new jobs to the country, according to an Asian Development Bank report released last week. With tax exemptions on production materials, lower profit tax, and renewable leases, the SEZs have drawn foreign-owned factories manufacturing everything from bicycles ...
Jonathan Cox
http://www.khmertimeskh.com/news/16920/special-economic-zones----key-to-future---/
Toyota snaps up large land lease on outskirts of Phnom Penh
Toyota Cambodia will build a new facility on the outskirts of Phnom Penh to serve its customers and operations, the Phnom Penh Special Economic Zone (PPSEZ) said in a statement yesterday. ...
Post Staff
http://www.phnompenhpost.com/business/toyota-snaps-large-land-lease-outskirts-phnom-penh
Industrial ambitions face thirsty future
Cambodia’s new industrial development policy calls for more factories and special economic zones, but accomplishing this will be difficult. ...
Igor Kossov
http://www.khmertimeskh.com/news/15199/industrial-ambitions-face-thirsty-future/
New electronics manufacturer due at PPSEZ
Thai-listed electronics manufacturer, SVI Public Limited, will be next in line to join Cambodia’s emerging light-manufacturing industry. ...
Xueying Chen
http://www.phnompenhpost.com/business/new-electronics-manufacturer-due-ppsez
Families file petition over land dispute with dry port company
Representatives for 77 families involved in a land dispute with a company that plans to build a dry port and industrial area in Kratie province petitioned the Interior Ministry and the National Assembly in Phnom Penh on Monday against a court order for them to ...
Khuon Narim
https://www.cambodiadaily.com/news/families-file-petition-over-land-dispute-with-dry-port-company-88166/
Tycoon compensates 135 families at SEZ
A long-running land dispute between more than 130 families and the company managing the Koh Kong Special Economic Zone (SEZ) is nearing its end, with only seven families left to sign the compensation agreement, officials confirmed yesterday. ...
Chhay Channyda
http://www.phnompenhpost.com/national/tycoon-compensates-135-families-sez-0
SEZs investment potential relies in infrastructure
In 2005, after special economic zones (SEZs) were formally introduced in Cambodia through a sub-decree, Svay Reing’s Manhattan SEZ became the first to began construction the same year. The Sihanoukville SEZ remains Cambodia’s largest with over 1,000 hectares in the area. The $320 million development is ...
James Whitehead
http://www.phnompenhpost.com/real-estate/sezs-investment-potential-relies-infrastructure
New SEZ aims for logistics hub
A new special economic zone aiming to make Cambodia into a regional logistics hub held an official groundbreaking ceremony yesterday, at its future home on the muddy outskirts of Phnom Penh in Kandal’s Takhmao district. The $100 million Kerry Worldbridge SEZ project is a partnership between ...
Ananth Baliga
http://www.phnompenhpost.com/business/new-sez-aims-logistics-hub
18 families ordered to leave land, as Chinese development moves in
Eighteen families in a remote region of Koh Kong province have been ordered to move, in order to make way for the development of a Chinese-funded luxury tourist outpost. The families received notice on June 5, ordering them to leave their homes within one month. ...
Hul Reaksmey
http://bit.ly/1L4nJbk
51% stake for private sector in SPV for four countries including Cambodia, Myanmar
The government plans to rope in private firms for Prime Minister Narendra Modi’s big diplomatic push to ‘Act East Policy’, with its proposed special purpose vehicle for investment in Cambodia, Myanmar, Laos and Vietnam set to offer up to 51 per cent stake to the ...
Deepshikha Sikarwar
http://bit.ly/1C6Hhpf
Business hub set to tackle key challenges before listing
The Phnom Penh Special Economic Zone has 77 tenants from nine countries and 80 per cent occupancy, but high electricity costs and corruption remain a drag on profits. The main issue is electricity costs, says PPSEZ chief executive Hiroshi Umaetsu. “If [electricity] goes from 19 ...
Charles Rollet
http://www.phnompenhpost.com/business-hub-set-tackle-key-challenges-listing
Phnom Penh SEZ plans to list on Stock Exchange
The operator of Cambodia’s largest industrial park, the Phnom Penh SEZ, plans to list on the Cambodian Securities Exchange (CSX) next year in an attempt to raise $15 million to set up another economic zone in Poipet City, according to the company and media reports. ...
Kang Sothear and George Styllis
https://www.cambodiadaily.com/business/phnom-penh-sez-plans-to-list-on-stock-exchange-74433/
Hitachi looks to set up SEZ in Kandal province
Japanese conglomerate Hitachi on Wednesday signed a memorandum of understanding with three major companies to conduct a feasibility study on the potential development of a new special economic zone (SEZ) in Kandal province, said the CEO of one of the signatories. ...
Kang Sothear
http://www.cambodiadaily.com/business/hitachi-looks-to-set-up-sez-in-kandal-province-72712/