SSEZ Records 38% Surge in Trade Volume, Reaching US$628m in Two Months

• Sommana Yan
• 22 March 2024
• Local News
• 1960 Views

In a remarkable surge of economic activity, the Sihanoukville Special Economic Zone (SSEZ) has reported a staggering trade volume of US$628 million in the first two months of 2024, marking a significant 38.3% increase compared to the corresponding period last year. This notable achievement underscores the SSEZ’s pivotal role as a thriving hub for international trade and investment, as highlighted by the official Facebook page of Sihanoukville Special Economic Zone on 21 March 2024.

During this period, SSEZ has also witnessed the addition of eight new enterprises, further bolstering its burgeoning ecosystem of 188 global investors. With a strategic focus on fostering industrial competitiveness, SSEZ continues to attract a diverse array of investment projects spanning machinery, automotive, tyre manufacturing, and cutting-edge photovoltaic materials.

The remarkable performance of SSEZ mirrors a broader trend of economic growth across Cambodia, with the country’s total trade volume surpassing US$8 billion in the first two months of 2024. This impressive figure reflects a nearly 20% increase compared to the same period in 2023, reaffirming Cambodia’s position as an attractive destination for international trade and commerce. (Read more)

• Business and Market
• Economy and Finance