[ad_1]
The Angkor Wat temple complex in Cambodia. LI YIFANG/FOR CHINA DAILY
Special economic zone home to scores of enterprises from around world
A joint venture between Chinese and Cambodian enterprises launched 15 years ago has already had a profound impact on the Cambodian economy and local people’s lives.
To many people in Cambodia, the Sihanoukville Special Economic Zone, or SSEZ, is somewhat surreal, as the area in which it is located used to be nothing more than a vast wilderness.
Now, the 11.13 square kilometer SSEZ, located in Sihanoukville’s Prey Nob District, is Cambodia’s largest industrial park and home to 175 enterprises from around the world.
Jointly developed by private companies from Cambodia and China, the zone is considered a landmark Belt and Road Initiative collaboration project between the two nations.
Since it was launched, the zone’s import and export volume has experienced significant growth, rising from $139 million in 2013 to nearly $2.5 billion last year.
Xiao Jianxin, assistant brand manager at Hodo Group, a leading Chinese private textile and garment maker based in Wuxi, Jiangsu province, and a key investor in the zone, is among those who have witnessed every step of the SSEZ’s development since it was set up in 2008.
“This place was literally built from scratch,” the 41-year-old said during his latest visit to the zone in mid-May.
“Apart from a nearby fishing village where a few hundred locals lived in straw huts, this area had nothing — no electricity, no running water, no roads,” Xiao said.
Changes to the landscape took place rapidly after the two countries agreed to develop the area, Xiao added.
In just a few years, it was transformed into a modern industrial park, while Bet Trang, the fishing village, was developed into a bustling town complete with a full range of amenities, including gas stations, telecommunication stores, barbershops, wet markets and restaurants.
Xiao said that every time he visits the zone, he sees new facilities. A one-stop service center was set up in 2010, a sewage treatment plant in 2015, a power plant in 2017, and a university in 2019. On his latest trip, Xiao learned that a 189-km highway connecting Phnom Penh, the Cambodian capital, and Sihanoukville was completed last year.
The highway, which opened to traffic in October, was built with investment from Chinese companies. It reduces the journey time between the two cities to just two hours.
“The SSEZ basically looks no different from any modern industrial park in China. If there is a slight difference, it is simply because the SSEZ is newer, or even bigger,” Xiao said.
Cao Jianjiang, general manager of SSEZ Co, which oversees development in the zone, said facilities have constantly been upgraded and new amenities added to attract more international businesses.
In addition to helping companies situated within it, the zone has paid special attention to catering to workers’ needs.
Over the years, the industrial park has introduced a health clinic, a law consultancy center and two educational institutions — the Preah Sihanouk Cambodia-China Friendship Polytechnic Institute and the Sihanoukville Institute of Business and Technology, Cao said.
(Web editor: Zhang Kaiwei, Liang Jun)
[ad_2]
Source link