
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.