Manhattan SEZ to Expand Operations in Svay Rieng Province

In a significant move aimed at bolstering economic development in Cambodia, Manhattan Special Economic Zone (SEZ) has announced plans for further expansion in Bavet city, Svay Rieng province, in collaboration with Singapore’s SJ Group.

The announcement came following a high-level meeting between HE Sun Chanthol, Deputy Prime Minister and first Vice President of CDC, Mr. Clement Yang, Director General of Manhattan Special Economic Zone, and Mr. Hong Kian Lim, CEO of SJ Group, on 9 April 2024.

During the meeting, Mr. Clement Yang outlined the company’s strategic vision for expanding its business footprint in Cambodia. Leveraging the expertise of SJ Group, renowned for its successful development of SEZ and cities worldwide, such as Suzhou Industrial Park in Jiangsu, China, Manhattan Special Economic Zone aims to spearhead transformative initiatives across multiple sectors.

In addition to its core focus on developing SEZs, the company plans to diversify its investments into key sectors including agriculture, green energy, transportation, and logistics. This strategic diversification aligns with Cambodia’s broader economic agenda and underscores the company’s commitment to driving sustainable growth and development in the region.

Welcoming the expansion plans, HE Sun Chanthol expressed full support for the coordination of investment projects in Cambodia. Emphasising the importance of adherence to local laws and regulations, HE Sun Chanthol reiterated the government’s commitment to facilitating a conducive environment for investment and ensuring the success of investors’ projects.

As Manhattan Special Economic Zone embarks on this ambitious expansion journey, its collaboration with SJ Group signifies a significant milestone in Cambodia’s economic landscape. By fostering strategic partnerships and leveraging international expertise, the company aims to play a pivotal role in driving economic prosperity and fostering sustainable development in Svay Rieng province and beyond.

- Video Advertisement -

Related Post

Cambodia Government Facilitates Import Exemptions for Construction Projects

In a significant move to boost investment in the construction sector, the Cambodian government has announced a new procedure to exempt imports of construction materials from customs duties, special taxes, and state-paid value-added tax. This initiative targets investment projects registered with the Capital-Provincial Investment Subcommittee and is detailed in Inter-Ministerial Prakas No. 070 S.H.O.P.R.K, issued […]

Philippines Investors Eye Cambodian Rice Imports

In a significant step towards bolstering agricultural trade, Arvin International Marketing Inc., a leading Philippines company, has expressed a keen interest in importing high-quality rice from Cambodia. This announcement follows a meeting between Her Excellency Chamnimol, Cambodia’s Minister of Commerce, and Mrs Azucena L. Yao, Chairman of the Board of Directors of Arvin International, held […]

Australian Business Delegation Eyes Investment in Key Sectors of Cambodia

In a significant move to bolster economic cooperation, a delegation from the Australian Business Association has announced plans to invest in four pivotal sectors in Cambodia: trade, mining, ports, and agricultural technology. This initiative aims to enhance bilateral relations and support the country’s economic growth. During a high-profile meeting held in Sydney on February 17, […]

Cambodia’s Stone Processing Industry Flourishes with USD 90 Million Revenue in 2024

In a noteworthy development for Cambodia’s economy, the stone processing sector has emerged as a significant contributor, generating an impressive USD 90 million in revenue in 2024. This remarkable achievement highlights the industry’s growth potential and its critical role in the national budget. As the Ministry of Information reported on February 16, 2025, Cambodia currently […]

Chinese Investors Eye Investment Opportunities in Cambodia

In a significant move aimed at fostering economic collaboration, Lok Nak Oknha Pung Khea Se, Chairman of the Cambodia Contractors Association, led a delegation of 18 Chinese investors from Ningbo, Zhejiang Province, to meet with H.E. Chea Vuthy, Secretary-General of the Committee for Investment of Cambodia. The discussion focused on exploring various investment opportunities within […]

Cambodia’s Small and Medium Enterprises Flourish in 2024

In a promising development for Cambodia’s economy, the Ministry of Industry, Science, Technology, and Innovation has reported significant growth in the country’s small and medium enterprises (SMEs) within the industrial sector. As of 2024, nearly 1,300 SMEs have registered, indicating a robust entrepreneurial spirit within the nation. According to the recent report on the ministry’s […]