Special economic zones

After numerous delays, industrial park operator Phnom Penh Special Economic Zone announced yesterday that it had finalised a timeline for the launch of its upcoming initial public offering, and would kick off a five-day bookbuilding session starting on April 18 and hold a public roadshow ...

Representatives of 526 Koh Kong families hopped on their motos on Friday morning to deliver petitions to their district town halls calling for the return of land taken from them by a 2006 economic land concession (ELC), as well as compensation for lost crops.   ...

One of Thailand’s leading agricultural groups and a major producer of animal feed will build a $30 million factory in the Phnom Penh Special Economic Zone, company officials announced last week. ...

Thai executives are encouraging their government to build business centers in Cambodian provinces that border the country, as well as in its other ASEAN neighbors, according to Thai media reports. ...

A Thai study being carried out on special economic zones (SEZ) in 15 provinces along the country’s borders has been welcomed by Cambodian and foreign businessmen, who say both countries can benefit, but some uncertainty remains over exactly where and when the zones will be ...

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.​ ...

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. ...

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 ...

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. ...

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. ...

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, ...

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 ...

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. ...

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 ...

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 ...

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. ...

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 ...

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. ...

Cambodia’s new industrial development policy calls for more factories and special economic zones, but accomplishing this will be difficult. ...

Thai-listed electronics manufacturer, SVI Public Limited, will be next in line to join Cambodia’s emerging light-manufacturing industry. ...

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 ...

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. ...

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 ...

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 ...