PHNOM PENH: The Royal Group Phnom Penh Special Economic Zone (RGPPSEZ) experienced significant export growth in 2024, reaching a record high value of US$1,880 million, according to the AKP’s release on January 19th, 2025.
This represents a substantial 16% increase compared to the US$1,621 million achieved in 2023. Notably, the RGPPSEZ contributed approximately 7% to Cambodia’s total export value of US$26,664 million, as reported by the General Department of Customs and Excise.
Established in 2006, the RGPPSEZ has become a prominent manufacturing hub, attracting 113 companies from 15 countries. These companies specialize in high-value-added sectors, including electronics and electrical components, automobile assembly, and automotive parts.
This diverse manufacturing landscape has created employment opportunities for 47,800 Cambodian citizens and 700 foreign professionals, making a significant contribution to the nation’s economic growth.
The RGPPSEZ attributes its success to the proactive efforts of the Royal Government of Cambodia in effectively managing the COVID-19 pandemic. This effective response enabled businesses within the zone to maintain and even expand their operations.
As a result, the zone has witnessed a steady recovery, attracting five new companies in 2024. This influx of new businesses further reinforces Cambodia’s position as a resilient and attractive destination for foreign investment within the regional supply chain.