Whilst China wasn't the architect of this improvement route, SEZs in Cambodia current a purely natural alignment with the development priorities on the Chinese authorities, since they request to offshore minimal-tech manufacturing. The SSEZ has actually been a precedence of the two governments considering the fact that 2006, when it was picked to be a pilot ‘international financial trade cooperation zone’ by China’s Ministry of Commerce (MOFCOM).
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This was signed by important US and EU brand names together with H&M, Nike, Adidas, Gap, Puma and Specialised. Some businesses resource from the SSEZ, and following the zone’s plant is operational and it moves to a hundred% coal power, they can probable stop sourcing from factories there, Placing in danger numerous Positions.
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