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Immediately after overcoming setbacks in the 1st several years, the zone has designed into A significant output base for typically Chinese manufacturers.
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CIIDG is an area conglomerate owned by relatives of Cambodian Senator Lao Meng Khin, a perfectly-acknowledged tycoon, ruling social gathering senator, and confidant of Cambodia’s prime minister. Hongdou is a major non-public firm from China’s Jiangsu Province, amongst a hundred and twenty elite enterprises chosen from the Chinese authorities for piloting marketplace reforms in 1997.
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Though China was not the architect of this progress route, SEZs in Cambodia current a organic alignment with the development priorities on the Chinese authorities, because they seek to offshore low-tech output. The SSEZ has actually been a priority of The 2 governments given that 2006, when it had been picked as a pilot ‘overseas financial trade cooperation zone’ by China’s Ministry of Commerce (MOFCOM).
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