Sino-Cambodian joint venture changes lives for the better
China DailyWorkers commute to and from the Sihanoukville Special Economic Zone on motorcycles. Cambodia intends to build Sihanoukville into its version of Shenzhen, Guangdong province, where in 1980 China built a special economic zone, the first in the country, as an experimental site for a market economy. Lamar Thompson, CEO of Caffco, said the business decided to set up operations in the SSEZ, as its proximity to an international port meant it was convenient and affordable to transport the company's goods. Cambodian Prime Minister Samdech Techo Hun Sen and Chinese Ambassador to Cambodia Wang Wentian cut the ribbon at the plant's inauguration ceremony, highlighting the project's significance. Tao Guozhong, general manager of the factory, said it can manufacture 5 million semi-steel radial tires and 900,000 all-steel radial tires annually, and when fully operational, it will hire up to 1,600 Cambodians.
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Sino-Cambodian joint venture changes lives for the better
China Daily
Sino-Cambodian joint venture changes lives for the better
China Daily
Shandong, Cambodia seek more business cooperation
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