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 cents to 15 cents [per kilowatt], then I can be confident,” he said. … Electricity isn’t the only worry. Corruption causes logistical costs to increase, already an issue due to poor infrastructure outside the zone. …
Charles Rollet
http://www.phnompenhpost.com/business-hub-set-tackle-key-challenges-listing
