B&R helps SEZ upgrade
By Shi Jing in Wuxi | China Daily | Updated: 2018-02-12 07:58
With committed efforts of both Chinese and Cambodian governments, the Sihanoukville special economic zone or SEZ along the southwest coast of Cambodia is upgrading itself.
Under the China-pioneered Belt and Road, or B&R, Initiative, the SEZ is recognized as a role model by the local government.
Jointly developed by Wuxibased garment giant Hodo Group and Cambodia International Investment Development Group in 2007, the Sihanoukville SEZ is the first of its kind. It was developed based on an intergovernmental agreement and bilateral coordination mechanism between China and Cambodia.
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