SSEZ: A Vital Link between Cambodia and China in the Belt and Road Framework

• 10 July 2023
• Local News
• 1628 Views

The Sihanoukville Special Economic Zone (SSEZ) stands as a monumental achievement, serving as a vital bridge connecting Cambodia and China within the framework of the ambitious Belt and Road Initiative. This collaborative project has not only brought economic prosperity but has also created employment opportunities for tens of thousands of Cambodians.

Liu Lianchi, the deputy managing director of the SSEZ, commended the adaptability of Cambodia’s “Belt and Road Initiative and Rectangular Strategy.” As a pivotal cooperation endeavor between Cambodia and China, the SSEZ remains dedicated to its mission of fostering a shared destiny between the two nations in this new era.

Underlining its significance, Huang Huanhua, the Deputy General Manager of the SSEZ, revealed that the economic zone spans a vast area of approximately 1,113 hectares, with nearly 600 hectares currently in development.

With 175 operational factories, the SSEZ boasts an impressive portfolio of companies, with 70% originating from China and the remaining 30% representing businesses from the US, France, UK, Korea, and Japan. These enterprises collectively employ close to 30,000 individuals, contributing to the region’s economic growth and job creation.

The remarkable achievements of the SSEZ were acknowledged by Samdech Techo Hun Sen during the 2nd Summit on the “Belt and Road” International Cooperation held in Beijing in 2018. The Cambodian leader hailed the SSEZ as a model exemplifying the successful collaboration between Cambodia and China within the Belt and Road framework.

Samdech Techo further emphasized the positive impact of the Belt and Road Initiative on Cambodia, acknowledging the substantial infrastructure investments made possible through China’s construction loans. The President of the People’s Republic of China has played a pivotal role in promoting large-scale investment projects and supporting Cambodia’s development. (Read more)

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