Thailand Plus One: Poipet SEZ investment strategy
Poipet PP Special Economic Zone – a wholly-owned subsidiary of Phnom Penh Special Economic Zone Plc. – is aiming to become a higher value-added production hub, particularly for electronics, mechanical and automotive parts, according to its Chief Executive Officer.
The zone will also utilize its close proximity to the Thai border and access to the developing ‘Asian Highway’ that will link the future industrial hub to key distribution points.
Uematsu Hiroshi, Chief Executive Officer of Phnom Penh Special Economic Zone (SEZ) told Khmer Times that the Poipet PP SEZ will aim to target investors with already established longstanding operations in Thailand for many decades, especially Japanese and Thai manufacturers.
“We call it the Thailand + 1 strategy,” Uematsu said. Currently, the Phnom Penh SEZ accommodates investors from various countries and of both export and domestic market-oriented industries.
Sok Chan
