Different countries have their own set of rules for trading and investments. To increase the employment and economy of a particular country, it is best to have lenient investment and business rules in the country. Having proper rules will not just increase investments from country nationals. It may also attract foreign investment too.
If you are an investor, Cambodia is probably the best country to invest in. It is the country with a massive number of Chinese investors. The reason foreign investors are starting to invest in Cambodia real estate and businesses is its excellent performing economy. It is the country that has passed three major recessions.
The businesses and markets of different countries around the world were not doing well during the recession, while Cambodia’s economy was thriving. You can invest your money in different regions of Cambodia on various investment options.
When it comes to investment, it is a good idea to invest in special economic zone (SEZ) of the country. Now, what is the special economic zone? It is an area in which the laws for business and trade are quite different from the rest of the country.
Special economic zones are located within the country’s national borders. The purpose of SEZs is to increase trade balance, investment, employment, and create more jobs. The country may introduce different financial policies for growing businesses in special economic zones.
The policies usually include regulations for investing, taxation, trading, customs, quotas, labor regulations, etc. A country may create special economic zones to attract foreign direct investments.
Special Economic Zones of Cambodia
In Cambodia, there are many special economic zones (SEZs) in different locations. Its special economic zones have different laws for business and trade than the rest of the country.
The SEZ locations of Cambodia are Sihanoukville, Koh Kong, Svay Rieng, Takeo, Kandal, Kampot, and Kampong Cham. Here are the names of special economic zones of Cambodia:
- Sihanoukville Special Economic Zone
- Neang Kok Koh Kong
- S. N. C.
- N. L. C.
- Poipet O’Neang
- Phnom Penh SEZ
- Sihanoukville SEZ 1
- Tai Seng Bavet
- Goldfame Pak Shun
- D&M Bavet
- Suvannaphum Investment
- Kampong Saom
- Sihanoukville Port
- Suoy Chheng
- Steung Hav
- Manhattan (Svay Reing)
- Doung Chhiv Phnom Den
- Kampot SEZ
- Sihanoukville SEZ 2
- Oknha Mong
- Thary Kampong Cham
- Kiri Sakor Koh Kong
- Pacific SEZ
Sihanoukville Economic Zones
Sihanoukville is the coastal city of Cambodia. Some years back, Sihanoukville used to be a silent coastal city. Over time, the number of Chinese people started to increase there, and its economy also started to improve.
Sihanoukville has different economic zones. The names of Sihanoukville economic zones are Sihanoukville Special Economic Zone, S.N.C., Sihanoukville SEZ 1, Kampong Saom, Sihanoukville Port, Steung Hav, Sihanoukville SEZ 2.
Talking about Sihanoukville Special Economic Zone (SSEZ), it is constructed by Chinese and Cambodian enterprises. The purpose of this economic zone is to create a platform for an ideal investment. It will have industries like textiles & garments, bags & leather, hardware, machinery, wooden items, excellent chemical, home furnishing, etc.
The economic zones have different laws set for business, trading, and investment. For a foreign investor, it is excellent to invest in special economic zones. There are various industries where you can make an investment. If you are planning to invest in Sihanoukville property, Dragon Real Estate can help you.