Even though China was not the architect of this development path, SEZs in Cambodia present a all-natural alignment with the development priorities in the Chinese authorities, because they seek out to offshore lower-tech creation. The SSEZ has long been a priority of the two governments given that 2006, when it was chosen as being a pilot ‘foreign economic trade cooperation zone’ by China’s Ministry of Commerce (MOFCOM).
Cambodia began to combine SEZs into its long-phrase enhancement strategy as far back as 1998. This was expanded in subsequent Rectangular Technique documents, the 5-year ideas that set out the government advancement agenda. SEZs have persistently acquired substantial-degree guidance as A part of a drive to attract overseas financial investment, maximize productiveness, create employment, and bolster the export-oriented economic climate.
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