Sihanoukville, Cambodia – May 22, 2025:
Cambodian Prime Minister Hun Manet reaffirmed the Kingdom’s neutral and open approach to foreign investment during a major address to over 30,000 workers at the Sihanoukville Special Economic Zone (SSEZ). Emphasising inclusivity and long-term development, the premier outlined Cambodia’s ongoing efforts to attract global investors while enhancing infrastructure and economic growth in Preah Sihanouk Province.
Cambodia Welcomes Investors from All Nations
During the speech, Prime Minister Hun Manet reiterated that Cambodia does not favour any particular country when it comes to foreign investment. Instead, the Kingdom extends a warm welcome to investors from around the globe—including China, the United States, France, and other countries.
“When the US and China engage in trade talks, some claim Cambodia is taking sides—whether with cabbage or beef,” said Samdech Thipadei. “But as I said before, whether it’s cabbage, beef, shrimp, crab, anchovies, or fruit—Cambodia welcomes all, regardless of origin.”
This neutral policy, he stressed, reflects Cambodia’s commitment to peaceful diplomacy and sustainable economic growth.
Sihanoukville SEZ: A Model for Inclusive Development
Hun Manet highlighted the SSEZ as a standout example of Cambodia’s investment success. Initially launched in 2008 under Cambodia–China cooperation, the zone is a flagship project of the Belt and Road Initiative (BRI). However, it is now home to enterprises from the US, Europe, and other regions, making it a diverse and inclusive economic hub.
The premier noted that this Special Economic Zone has evolved into a key economic pole—second only to Phnom Penh—thanks to continuous development and international collaboration.
Key growth statistics include:
- Enterprises in Preah Sihanouk Province: Grew from 69 in 2008 to 3,833 by April 2025
- Employment growth: From 10,619 workers in 2008 to 115,854 workers in 2025
- Annual wage bill: Approximately USD 359 million
- Within the SSEZ and other zones: 327 enterprises employing 46,750 workers, contributing USD 150 million annually in wages
Strategic Infrastructure Investments Underway
To further enhance logistics and competitiveness, the Cambodian government is prioritising upgrades to road, railway, waterway, and port infrastructure in and around Sihanoukville.
Key developments include:
- Reinforcement of railway connectivity
- Construction of National Roads 10 and 48, linking Sihanoukville to the fifth economic pole
- Dredging of the Funan Techo Canal
- Expansion of the Sihanoukville Autonomous Port
These strategic upgrades are aimed at reducing logistics costs, improving transport efficiency, and strengthening Cambodia’s trade routes—particularly in support of the SSEZ.
Milestone Achievement: Direct Shipping Route from China
Marking a major logistical breakthrough, Hun Manet announced the successful launch of a direct shipping route from China to Cambodia. On May 18, 2025, a cargo vessel from Fuzhou Port in China docked directly at the Sihanoukville Autonomous Port, bypassing the previously required stopover at Laem Chabang Port in Thailand.
“This development eliminates costly and time-consuming transshipments,” said the premier. “It reduces delivery time and cuts shipping costs by an estimated 20 to 30 percent.”
Chinese Ambassador Wang Wenbin also confirmed that direct shipping between Wuxi Sea Port (Jiangyin) and Preah Sihanouk Province officially commenced on May 18, with estimated transit times of just 7 to 10 days.
Forward Motion Despite Criticism
Addressing critics, Prime Minister Hun Manet said the Royal Government remains undeterred in its mission to deliver national progress. “Even if our steps are small, they must move forward—not backward. Building trust and attracting investment is hard, but we are proud of what we’ve achieved.”
He added that Cambodia’s development is now visible nationwide, especially for workers and local communities who directly benefit from increased job opportunities and rising wages.
