Advantages of the Poipet O'Neang Special Economic Zone

As a member of the World Trade Organization and a Least Developed Country, exports from Cambodia enjoy many benefits:

• The EU Generalized Scheme of Tariff Preferences (GSP) gives Cambodia exemptions on import duties to 28 Nations for all products except arms
• MFN Status gives Cambodia exemptions on import duties to the US for more than 7,000 items
• Exemptions on import duties to China for 413 items
• Cambodia also has bilateral trade agreements with 20 countries and is working towards 8 others

As a member of ASEAN you have access to:

• 230 million consumers in the Greater Mekong Sub-region (GMS)
• 550 million consumers in ASEAN
• ASEAN Free Trade Agreement (AFTA) to be fully implemented by 2010

 

Other reasons to invest in the POSEZ

• ASEAN Highway will provide easy access to the POSEZ and is scheduled to be complete in 2008
• ASEAN Railway will connect China, Cambodia, Vietnam, Laos, Thailand, Myanmar, Malaysia and Singapore
• New Cambodian-Thai border checkpoint will mean that all imports and exports from and to Thailand must pass through the PO- SEZ
• The POSEZ has strong support from both the Cambodian Ministry of Commerce and Thai Ministry of Commerce
• The POSEZ has been given strong support from the Prime Minister Hun Sen himself in a meeting on 18 January 2005
• Cambodia has a very young and inexpensive labor force
• Land lease prices are much cheaper than in neighboring countries
• Poipet is only 155 kilometers from a world class tourist destination; Angkor Wat is one of the Seven Wonders of the World
• The Holiday Airport will be located just south of the Industrial Zone and construction will begin as soon as the ASEAN Highway is complete