Hun Sen's regime issued license for up to 19 special economic zones (SEZ) along the Vietnamese border

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Thursday, February 05, 2009

Six special economic zones at Vietnamese-Cambodian border region licensed

Wednesday, 04/02/2009
Quan Doi Nhan Dan (Hanoi's Voice of the Armed Forces and People)
Source: vneconomy

The Cambodian Government has, so far licensed, the establishment of six special economic zones (SEZ) along its border with Vietnam. Among them, two have been put into operation. and four others currently under construction.

Most of the farm product processing plants in these SEZ will belong to Vietnam, while their main destination of agricultural products will also Vietnam.

Noteably, the Phnom Den SEZ, covering an area of 100 hectares is being built with an investment capital of US$100 million provided by agricultural product processing companies. The project is expected to be operational by 2015.

As many as 19 SEZ have been licensed by the Cambodian Government so far, and it is expected that these six newly-licensed special economic zones will bring the trade turnover between Vietnam and Cambodia to US$2 billion by 2010.