Phnom Penh SEZ strengthens its position as leading, international standard industrial park at the forefront of Cambodia’s clean-business efforts.
Phnom Penh, 04th August 2017- Three more companies invested in Phnom Penh SEZ have recently signed a MoU with the Kingdom’s Anti Corruption Unit (ACU), further emboldening the efforts of the zone provide a corruption-free investment destination.
The signatories from the private sector are all Japanese companies that are invested in Phnom Penh SEZ:
> Rokko Phoenix Co., Ltd.
> Okato (Cambodia) Phnom Penh Co., Ltd.
> Midori Techno Park (Cambodia) Corporation
Phnom Penh SEZ was represented by Mr. Susumu Nagaoka, Senior Manager of Customer Service (Japan Desk), and by H.E Kheang Seng, Vice President of the ACU. Japanese companies represent the largest share of total investors in Phnom Penh SEZ, and according to Mr. Nagaoka, “such agreements and the constant fight against corruption is one important factor for their successful business in Cambodia”.
Phnom Penh SEZ CEO Hiroshi Uematsu, is upbeat on the industrial park’s progress in furthering the anti-corruption agenda both at the zone and in the Kingdom as a whole: “our and our tenants close relationship with the ACU is a signal that we take the fight against corruption serious. We want to give international investors the security that their business in our zone is conducted straight, and that they have a reliable partner in Phnom Penh SEZ. If there is a problem, we and the ACU will fully support them”, he said.
This most recent MoU follows other agreements that have been signed with the ACU by investors in Phnom Penh SEZ, such as Laurelton Diamonds (Cambodia), Cambodia Beverage Company, Aprati Foods (Cambodia) and many others, as well as the industrial park itself.