Special Economic Zones of Cambodia

Cambodia is the interesting economic zone of ASEAN Countries that openly the border to all foreign investors who willing to find the potential place to building factories and companies to produce goods for exporting to oversea markets. This country was provided a special policy from the European Union and the United States of American for exporting goods to those countries with free-taxation.

So the Cambodia government had created economic zones to attract foreign investments and good policy to encourage foreign investors to locate productivity in Cambodia.

Cambodia's Special Economic Zones provide businesses within each zone with a number of fiscal incentives, including income tax, customs, and VAT benefits and are "designed to offer a one-stop service for imports and exports, and have specially trained government officials stationed on-site to provide administrative services. The 22 currently approved SEZs in Cambodia operate under the authority of the Cambodia Special Economic Zone Board under the umbrella of the Council for the Development of Cambodia (CDC) for "the purposes of enhancing the competitiveness and attracting investment in the Kingdom of Cambodia". According to a report by the CDC, as of late 2013, Cambodia's SEZs had attracted US$1.65 billion in total investment from 172 investment projects, most of which were initiated by China, South Korea, and Japan, and added 105,000 jobs to the Cambodian economy.