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Chinese-invested Sihanoukville SEZ benefits Cambodians

By: Xinhua News Agency    Update:2021-12-25
WUXI, Dec. 22 (Xinhua) -- The Chinese-invested Sihanoukville Special Economic Zone (SSEZ) has brought tangible benefits to local residents in Cambodia's coastal city of Sihanoukville.
 
HOdo Group, one of China's largest apparel manufacturers, based in east China's city Wuxi, has been working with Cambodia since 2018 to build the special economic zone in Sihanoukville.
 
According to the company, the SSEZ has created nearly 30,000 jobs for locals, and contributed significantly to the development of the local economy.
 
Enterprises in the SSEZ have experienced robust growth and seen that their combined trade volume surged nearly 40 percent year-on-year in the first 10 months of this year, despite the adverse impacts of COVID-19.
 
Upon completion, the special economic zone is expected to be home to 300 enterprises and provide 100,000 job opportunities.