Cambodia - កោះកុងតំបន់សេដ្ឋកិច្ចពិសេស
Nestled along the picturesque western coastline of Cambodia lies the Koh Kong Special Economic Zone (SEZ), an industrial park that has swiftly emerged as a prime investment destination. The SEZ’s strategic location, situated merely 2 kilometers from the Cambodia-Thai border in Cham Yeam Village, Pakkhlong Commune, Koh Kong Province, makes it an ideal hub for both local and foreign investors seeking to capitalize on Cambodia’s burgeoning business landscape.
Strategic Location and Connectivity at Koh Kong SEZ
Positioned strategically, Koh Kong SEZ boasts unparalleled access to major trade routes. It stands 330 kilometers from Thailand’s Laem Chabang port, 285 kilometers from the Vietnamese port of Ha Tien, and 233 kilometers from Cambodia’s primary seaport, Sihanoukville. This geographical advantage offers seamless connectivity for coastal trading with neighboring Thailand and Vietnam. The recent completion of National Road No.48, coupled with expansive road and highway development, further solidifies the SEZ’s standing as a transport corridor. This infrastructure supports cost-effective logistics and streamlined supply chains, facilitating smooth import and export processes through the Laem Chabang port and directly to factory gates.
An Overview of Koh Kong SEZ
Sprawling across an extensive land area of 336 hectares, Koh Kong SEZ presents an array of focus sectors for potential investors. These sectors encompass diverse industries, including car assembly, vehicle wiring harness, sportswear, sport equipment, and electronic products, among others. The SEZ accommodates major tenants of repute, such as Camko Motor Co., Ltd, Yazaki (Cambodia) Product Co., Ltd, KKN Apparel Co., Ltd, Hana Microelectronics (Cambodia) Co., Ltd, and 99 Embroidery Koh Kong Co., Ltd.
Koh Kong SEZ distinguishes itself through its “one-stop” service model in collaboration with government authorities. This includes support from the Cambodian Special Economic Zone Board (CSEZB), the Custom and Excise Department, the Cambodia Import Export Inspection & Fraud Repression Department (CAMCONTROL), the Ministry of Commerce, and the Ministry of Labor and Vocational Training. The SEZ goes beyond the essentials by providing services like business registration, import/export permits, customs clearance, labor recruitment assistance, labor management cooperation with the Ministry of Labor, round-the-clock security, waste collection, on-site canteens and dormitories, as well as legal, administrative, and accounting consultations.
Investment Opportunities and Notable Features
Koh Kong SEZ’s investment capital exceeds 59 million USD, a testament to its potential for fostering economic growth. The SEZ presents reliable electricity infrastructure, with power connections from neighboring Thailand. This paves the way for uninterrupted operations. Furthermore, the SEZ offers accommodations for both working and high-ranking staff, including a five-star hotel. Its design harmoniously integrates with Thai staff members, creating an environment conducive to collaboration.
Koh Kong SEZ has attracted the attention of prestigious companies seeking an optimal manufacturing environment. Notable names, such as Japanese car parts supplier Yazaki Corporation, garment factory KKN, and Japanese sports goods manufacturer MIKASA Corporation, have recognized the advantages of relocating their production facilities to this thriving zone. This move aligns with Cambodia’s open business climate and increasing stability. The SEZ’s central location between Thailand and Vietnam presents a compelling alternative for investors looking beyond the borders of neighboring countries.
A Vision for Success
Developed by L.Y.P Group Co., Ltd and established in 2006, Koh Kong SEZ spans an impressive 336 hectares or 2,100 rais. With an electricity capacity of 10 MW, expandable to meet future needs, and a water supply of 700,000 m3, the SEZ is well-equipped to support industrial operations. Currently hosting four signed contracts and three operational factories, the SEZ is contributing significantly to Cambodia’s economic landscape.
Incorporating Cambodia’s win-win strategies, Koh Kong SEZ is realizing its objective of providing benefits to all stakeholders involved. It not only generates employment opportunities for Cambodian citizens but also offers foreign investors a secure platform for repatriating their investments. As Cambodia’s economic trajectory continues to rise, Koh Kong SEZ stands as a beacon of progress, attracting investment, fostering growth, and contributing to the nation’s development journey.
Additional Details
- Total area: 335.43 hectares
- Developer: Okhna Ly Yong Phat