Government to transform Sihanoukville to be a second Shenzhen

The Royal Government of Cambodia has confirmed its plan to transform Sihanoukville into an industrial city with special economic zones and manufacturing for exports, similar to the Shenzhen industrial city of China.

Speaking at the Public Forum on Macroeconomic Management and Budget Law for 2020 on 6 February, H.E. Vongsey Visoth said that the government has been and is currently dealing with under-regulated construction projects, upgrading the infrastructure, and stopping the online gaming in the city.

Besides these initiatives, the government also intends to turn this seaside resort into a multi-purposed city with the capacity to produce more value-added products for Cambodian exports.

“If we want to change Sihanoukville like Shenzhen city in China, it cannot be just a casino. It is an industrial city with services, technology and tourism,” H.E. Vongsey Visoth said.

According to H.E. Vongsey Visoth, the Chinese urbanisation team who had planned the Shenzhen city master plan is currently studying the master plan for Sihanoukville.

Sihanoukville has recently transformed from a port, fishing and tourism city into a city full of investment, including hotels, apartments, and shopping malls among other development, most of which are the result of Chinese investment.

At a meeting with Prime Minister Samdech Hun Sen last week in Beijing, Chinese President Xi Jinping said China is ready to mobilise Chinese investors and tourists to Cambodia.

Sihanoukville, Cambodia
Shenzhen, China
- Video Advertisement -

Related Post

Cambodia Forges Ahead with International Standard Community Nurseries for Workers

Cambodia is accelerating its initiatives to establish community nurseries built to international standards. In a concerted effort to elevate working conditions and support the welfare of laborers, the Ministry of Labor and Vocational Training (MLVT) convened a pivotal meeting on April 18, 2024, in collaboration with the World Child and Development Organization and the World […]

Cobber Packing Company Commits Over US$3 Million to Establish Cardboard Factory in SHV

Preah Sihanouk Provincial Sub-Committee on Investment (ECCC) has greenlit an ambitious venture by Cooper Packing (Cambodia) Co., Ltd., investing upwards of US$3 million to erect a state-of-the-art cardboard factory in Sihanoukville. The decision came to light during a meeting presided over by Mr. Kouch Chamroeun, Governor of Preah Sihanouk Province, on April 17, 2024. With […]

Construction Sector Thrives: Ministry Approves 3,207 Projects Worth US$5.4 Billion in 2023

In 2023, Cambodia’s construction landscape witnessed a remarkable surge, with the Ministry of Economy and Finance (MEF) greenlighting a total of 3,207 construction projects, collectively valued at US$5.4 billion. This data, unveiled in a report by the Ministry, highlights a significant stride in the nation’s development trajectory. The report indicates a notable shift in construction […]

Hong Kong Firm, Sunwah Group, Expands Investment Horizons in Cambodia, Eyes Five Key Sectors

Hong Kong-based Sunwah Group is set to broaden its investment portfolio in Cambodia, signaling its intent to venture into five pivotal sectors beyond its existing seafood processing operations, which have been operational since 1994. This development emerged from a high-level meeting between Prime Minister Samdech Hun Manet and Mr. Jonathan K.S. Choi, President of Sunwah […]

Construction Begins on Quảng Trị’s $580 Million Deep-water Port After 4-Year Delay

Construction of the long-awaited Mỹ Thủy deep-water port project in Quảng Trị Southeast Economic Zone finally commenced on Monday, following a four-year delay, according to Vietnamnews, 26 March 2024. Approved by the Prime Minister on January 4, 2019, with a total investment of VNĐ14.2 trillion (US$580 million), this project is of paramount importance to Quảng […]

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. […]