Cambodia: New Economic Zones to Boost Growth

Government Approves Plans for Special Economic Zones

Development Expected to Create Jobs and Attract Investment

The Cambodian government has approved plans to establish three new Special Economic Zones (SEZs) in a bid to boost economic growth and attract foreign investment. The SEZs will be located in Koh Kong, Kampot, and Siem Reap provinces and will offer incentives to businesses, including tax breaks and streamlined regulations.

The government hopes that the SEZs will create jobs and boost exports, particularly in the sectors of manufacturing, tourism, and logistics. The SEZs will also be home to a range of infrastructure projects, including new roads, railways, and airports.

The approval of the SEZs is a significant step forward for Cambodia's economic development. The government is confident that the SEZs will play a key role in attracting foreign investment and creating jobs.