Sihanouk Port Special Economic Zone: Building Kampuchea'S "Shenzhen"

On the eve of the Kampuchea China entrepreneur forum and the financial development forum, China and China voted for shareholders' units.

Chen Jiangang, vice president of the group, has received an exclusive interview with many mainstream media.

In the process, Chen Jiangang shared the first experience of the red bean group investing in Kampuchea and building the special economic zone of Sihanouk harbor.

Build Kampuchea's "Shenzhen"

As the first batch of China's first overseas economic and trade cooperation zone confirmed by the Ministry of Commerce and the Ministry of finance, the Sihanouk port special economic zone has been praised by the media as a benchmark for "one belt and one road" in Kampuchea, which is inseparable from the strategic importance of the two countries.

Chen Jiangang said that the leaders of China and Cambodia were very concerned about the development of the special economic zone. In October this year, when President Xi Jinping visited Kampuchea, he said that the booming port of Sihanouk was a model of pragmatic cooperation between China and Cambodia. During the talks with Prime Minister Hong Sen, he repeatedly mentioned that it is necessary to run the good economic zone of Sihanouk and write the Joint Declaration on the operation of the special zone, which reflects the affirmation and hope of the leaders of the two countries.

In accordance with the request of prime minister Hong Sen of Kampuchea, the goal of Kampuchea special economic zone to become a "Shenzhen of Kampuchea" is to create 300 enterprises and complete the employment of 8-10 people. This goal is very encouraging.

According to the world clothing and shoe net, the export volume of the Sihanouk port special economic zone before 2016 increased by 164.42% over the previous May period in 2015, which achieved an amazing leap forward development.

Export processing industry has obvious advantages in development.

In an interview with Chen Jiangang, Sihanouk said that after nine years of development, the port of Kampuchea has entered 105 enterprises and settled 16000 jobs.

This achievement is closely related to the development environment of local excellent industrial investment. The Sihanouk special economic zone is characterized as an export processing zone. It not only fully enjoys Kampuchea's low labor price advantage, but also enjoys preferential tariffs and free trade markets between Kampuchea and Europe.

Politically, the political trust between China and Cambodia is very high.

The initiative is highly consistent with Kampuchea's 2015-2025 industrial development plan.

It is against this background that Sihanouk's operation of the special zone has attracted Chinese investors to come to Kampuchea and Kampuchea as an export base to push the products to ASEAN and even the big market in Europe and the United States.

Continuous improvement of industrial matching

It is noteworthy that in the past, the supporting problems of infrastructure and quality of labor that investors were concerned about had also been effectively improved under the joint promotion of the government and the Special Administrative Region.

Chen Jiangang said that at present, many infrastructure projects including the expressway are advancing. In view of the relatively high energy prices, the SAR has discussed with the General Administration of electricity on the one hand and has achieved a 50% price reduction, and will continue to decline in the future. The other side of the SAR will give enterprises half of the price subsidies. In view of the incomplete industrial structure, the Special Administrative Region will continue to introduce industrial chain related enterprises and improve the industrial structure, for example.

The industry has realized the gradual improvement process from simple garments to dyeing and finishing. In terms of improving the quality of labor force, the special administrative region has set up training centers to turn a large number of farmers into industrial workers.

The government of Kampuchea is committed to developing the economy, and the people of Kampuchea are eager to become rich through labor. With the continuous upgrading of industrial matching, the special economic zone of Sihanouk will also strive to become a bright pearl on the "one belt and one road".

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