ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Economy

Cambodia economic zone eyes companies fleeing Thai costs

New industrial park along the border hooks into regionwide business corridor

Sumitronics has set up a factory inside a new industrial park in western Cambodia near the Thai border.

POIPET, Cambodia -- The operator of Cambodia's Phnom Penh Special Economic Zone opened a new industrial park close to the Thai border on Monday, in hopes of attracting manufacturers seeking a second Southeast Asian hub amid rising wages in Thailand.

The roughly 70-hectare Poipet Special Economic Zone is located about 8 km from the border and is a four-hour drive from Bangkok. It serves as a key link in the economic corridor that extends from Bangkok all the way south to Ho Chi Minh City in Vietnam.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more