Import-export activities in Sihanoukville Special Economic Zone (SSEZ) rose nearly 40 percent to US$1.37 billion in the January-June 2022, the operator’s report showed this week.

“SSEZ has maintained stable development along with the effort by employees, which pushed up the import-export value by 38.23 percent year-on-year,” read the report.

In 2021, total trade in SSEZ was valued at US$2.23 billion, up 42 percent from US$1.56 billion a year earlier, according to data provided by the operator.

The special economic zone was set up by Hodo Group from Wuxi, Jiangsu province. The two provinces have identified Sihanoukville Special Economic Zone as a bridge and a platform for deepening exchanges in the fields of economy, trade, education, health and infrastructure which have achieved proud results and established close cooperation.

Sihanoukville Special Economic Zone has attracted over 170 enterprises and private institutions from China, Europe, the United States, Southeast Asia and other regions, creating about 30,000 jobs.

The SSEZ has also provided a lot of benefits and jobs to Sihanoukville, reduces migration and poverty, and also acts as a gateway for trade and comprehensive international trade cooperation in the region and the world.

Source: Agency Kampuchea Press