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Deadly Collision Claims 67 Lives in U.S. Air Disaster | At Least 30 Dead and Many Injured in Stampede at Maha Kumbh Mela in India | Authorities Seize 123,000 Illegal Eggs in Crackdown on Smuggling from Vietnam | Inauguration of Nearly $100 Million Wastewater Treatment System Development Project in Takhmao City | Cambodia to Host 2025 National Chapei Dang Veng Festival from June 11-13 | Senate President Hun Sen Reflects on Cambodia’s Development and ASEAN Integration | ASEAN Secretary-General Hails Samdech Techo Hun Sen's Vision at Policy Speech |

Sihanoukville Sees Exponential Growth as SEZ

  • Posted May 16, 2023 16:10 by Kristen Winters
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SIHANOUKVILLE: A recent report on the progress of the Sihanoukville Special Economic Zone (SSEZ) showed a total of 175 enterprises employing nearly 30,000 locals established in the international industrial hub. Companies from China, Europe, the United States and Southeast Asia are amongst those which, according to the report, “actively contribute to the development of Sihanoukville into a multi-purpose special economic zone, as well as play a role in establishment of Cambodia's industrial and technological corridors.”

Imports and exports which usually travel through the Sihanoukville Autonomous Port (the nation’s only deep-water port) have grown exponentially over the last decade to nearly $2.5 billion USD from only $139 million USD recorded in 2013, essentially making the SSEZ the “engine” of Cambodia’s economic development.

The SSEZ is the largest in Cambodia and was established under the collaboration of the HOdo Group, Wuxi Huatai Investment and Property Co., Ltd. and Cambodia International Investment Development Group Co., Ltd. in 2021.

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