Unlike other Government bureaucracies, which may take more than 21 working days to process documents and applications, the availability of the ASEZ which comes under the Prime Minister leading as the Trouble Shooting Committee, the ASEZ can ensure that the processing period will cut down while import/export permits can be processed within two working days.
The 365ha of PPSEZ is being developed in three phases, with the first phase, comprising 141 ha completed infrastructure facilities, ranging from self generated power supply which is designed to ensure power and water supply that provide constant utilities, residential, commercial and recreational facilities, all designed to make the PPSEZ a self contained city.
Among the facilities and services available in our zone are Power Plant, Water Supply Plant, Dry Port, Waste Water Treatment Plant, Telecommunication, Residential Areas, Commercial Areas complemented by excellent well thought off road and drainage systems.
Our project is distinct from other pretenders of similar projects. We have the financial capacity, a well thought off master-plan for development and we have already commenced infrastructure facilities well before promoting our project. This by itself is a milestone as we used internally generated funds to provide the most viable investment destination for investors and did not wait for buyers before commencing works.
Phase 1 has 58 factory lots and another 20 ha set aside for residential and commercial development. In Phase 1 we will see the completion of land development, road system, piping, lighting, telecommunication and ICT, water and electricity supply and wastewater treatment plant.
Factory lots range from 0.4ha to 1.6 ha in size and foreign owners are entitled to lease the land for a period of 99 years of perpetual lease while Cambodian investors can purchase as freehold.
To further encourage investors to relocate their operations to the PPSEZ, we also build standard factory lots for long term lease.
Special Economic Zones of today are evolving towards large integrated economic communities and are no longer the exclusive domain of industrialized nations. Modern Economic Zones, such as the PPSEZ, are catalysts for reform and a dynamic successful and one which would be well administered and developed to ensure maximum benefit is derived for all parties – the country , the developer, the investors and all those who are associated with it as WE GROW TOGETHER
