Royal Group Phnom Penh SEZ Export Value Reaches Almost US$500 million

As of July 2022, the Royal Group Phnom Penh SEZ’s export value reached US$492.7 million, up 26% compared to the same period last year, according to the firm’s report on 04 August.

To date, the SEZ covers a total area of 357 hectares with 102 investors and over 39,000 employees, which is an increase of 42.9% compared to the total employees last year.

“The increase in investment value is due to the expansion of production of auto parts and electronic part factories,” the report said.

“Besides, there was also a large investment by Marvel Garment Co., Ltd., a subsidiary of one of the largest garment manufacturers in China”, the report added.

Chairman of the Board of Directors of Royal Group Phnom Penh SEZ Neak Oknha Kith Meng is committed to contributing to Cambodia’s industrial sector as well as creating a conducive investment environment in line with innovative technologies.

 

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