ERIA Explores Model Special Economic Zones in Cambodia to Boost Investment

• 4 June 2025
• Local News
• 1264 Views

The Economic Research Institute for ASEAN and East Asia (ERIA) has unveiled plans to establish model special economic zones (SEZs) in Cambodia, tailored specifically for targeted industries. This commitment was expressed during a recent meeting between Cambodian Prime Minister Hun Manet and ERIA President Watanabe Tetsuya, held from 28-31 May 2025, in Tokyo.

During the meeting, President Watanabe presented findings from a comprehensive feasibility study that delved into the establishment of SEZs designed to cater to distinct investments based on industry type and country of origin. The study highlighted crucial insights that will guide the creation of optimized economic zones, aimed at enhancing Cambodia’s investment landscape.

In response, Prime Minister Hun Manet praised ERIA for its diligent work on the study, emphasising the significance of their findings for Cambodia’s economic development. He encouraged continued collaboration between ERIA and relevant Cambodian ministries and institutions to ensure a seamless process in preparing and developing these special economic zones.

“Establishing well-structured SEZs is vital for attracting foreign investment and fostering economic growth in Cambodia,” Prime Minister Hun Manet stated, underlining the importance of targeted approaches to industry development.

This initiative is not only a step forward for Cambodia’s economic framework but also aligns with recent announcements from the Japan Development Institute (JDI), which plans to establish rural special economic zones in the country. (Read more)

As Cambodia seeks to cultivate a more favourable investment climate and attract foreign enterprises, these ground-breaking initiatives signify a positive shift towards creating specific advantages for prioritised industries, paving the way for sustainable economic development.

With ongoing efforts from both ERIA and JDI, Cambodia is poised to enhance its attractiveness as a destination for international investors, fostering a robust and diversified economic environment.

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• SEZ