Mr. Hiroshi Uematsu, our CEO, participated in TV program, namely “Cambodia Global Dialogue”. This program, hosted by H.E. Dr. Sok Siphana – Advisor to the Royal Government of Cambodia, was on air on date March 30, 2017. The agenda of this episode is to highlight how quality energy, meaning electricity, is important to industrial development of Cambodia. Our CEO highlighted on company initiatives to improve quality and cost competitiveness of electricity will help to attract high tech industries like Electronics and Auto Parts to invest in Cambodia, apart from improving labor skills. In addition, he highlighted on our recent partnership with B.Grimm Power Plc., a Thai leading electricity producer to achieve the aforesaid initiatives.
March 24th, 2017: Phnom Penh SEZ PLC conducted the 1st quarterly HR meeting with 47 participants from various tenants inside the zone. This meeting agenda included NSSF’s health care service, Update on International Women’s Day event at Koh Pich on Mar 08, 2017, Infrastructure maintenance in Phnom Penh SEZ, and Sahas security service. The meeting was conducted effectively. All participants enjoyed asking questions and sharing their thoughts on the solutions.
More than two thousand female workers from Phnom Penh SEZ celebrated Women’s day at Diamond island convention and exhibition center
Phnom Penh, 8th March 2017 - On Wednesday the 8th of March, Phnom Penh SEZ, the leading special economic zone in Cambodia, invited 2000 female workers to attend an official ceremony organized to celebrate the International Women's Day which commemorates the movement for women's rights worldwide.
The event was presided over by Samdech Akka Moha Sena Padei Techo Hun Sen, Prime Minister of Cambodia as well as Samdech Kittiprittbandit Bun Rany Hun Sen and attended by Cambodian Minister of Women’s Affairs, H.E Dr. Ing Kantha Phavi and Lok Chumteav Oknha Lim Chhiv Ho, Chairwoman of Phnom Penh SEZ Plc.
This year the ceremony, held under the theme “women for peace and prosperity” and organized by the Ministry for Women’s Affairs, gathered a crowd of 3000 Cambodian women, including 2000 workers from the industrial estate.
"We have been working very closely with the Ministry of Women’s Affairs to offer the unique opportunity to our workers to participate in this event,” says Michelle Zhao, Senior Manager of Phnom Penh SEZ Plc.
Chairwoman Madam Lim has personally offered breakfast, allowance and gifts to 2000 women. The company has organized the half day trip and provided the means of transportation. Currently 16,000 people are working at Phnom Penh SEZ of which 80% are female.
"This was a special occasion to contribute to Cambodian society’s development and especially to celebrate women’s rights,” says Michelle Zhao.“Our industrial estate is not just a major local draw for employment of people, it is also a large “physical place” which aspires to build a real community inside the zone. We are delighted to contribute to these kind of initiatives and have undertaken significant projects that help make this a better place to be.”
Phnom Penh SEZ is always proactively engaged in strengthening the bond between the company and the workers.Through its regular CSR projects and equally by committing to constantly improve the workers condition of life, the industrial estate has now become one of the most attractive and modern work destinations in Cambodia today.
“Our Chairwoman is trying to encourage our workers to participate more actively in social activities, “says Michelle Zhao.“She has survived a tragic history, she started from nothing and has struggled to get where she is now. She is a symbol of success for all women in the kingdom. Now, she tries to emphasis her spirit and experience to the surrounding people and first to all to the women at Phnom Penh SEZ.” Says Michelle Zhao.
Thai company SVI inaugurates its first factory in Phnom Penh Special Economic Zone
Phnom Penh, 3rd March 2017 – The electronics manufacturer celebrates the inauguration of its first factory in Cambodia’s leading industrial estate. Construction work is to be completed by the end of the year.
The event was presided over by Mr. Pongsak Lothongkam, CEO of SVI Cambodia. Guests from the private banking sector, employees from SVI and key partners, including Phnom Penh SEZ top management, attended the event.
“SVI (AEC) is a subsidiary of SVI Public Company, listed in Thailand. Its business is called EMS, Electronics Manufacturing Service, with a global footprint in Thailand, Austria, Hungary and Slovakia. Our Cambodian operations, SVI (AEC) is the next footprint.” said Mr. Pongsak Lothongkam.
SVI AEC (ASEAN Economic Community) is to construct a brand new electronics component plant in the industrial park to produce digital security cameras designed for exporting to Europe. The company signed a 50-year lease in the special economic zone in July 2015 and aims to complete its first factory by the end of this year. Once finalized, the factory will first employ a workforce of 300.
“SVI will bring European high technology to invest in Phnom Penh Special Economic Zone, with a 57,000 Square meters facility. SVI will construct the first phase this year, with 15,000 Square meters. We plan to hire 5000-6000 employees for this facility.” said Lothongkam.
The new factory brings SVI’s investment in Phnom Penh SEZ to 3M$ today. The company is planning to expand is activities by launching an electronic products assembly, cable assembly and mechanical fabrication.
“We understand that SVI chose Cambodia because of its GSP (Generalized System of Preferences) merit and young labor forces. SVI plant in Bangkok already employs 750 Cambodian operators and they are performing quite well. SVI operation in Cambodia will become a good model to show that Cambodians are capable to produce high-tech electronics components.” says Hiroshi Uematsu, CEO of Phnom Penh SEZ.
Following Minebea’s third factory inauguration a few months ago, the industrial estate is confident that Thai investments in the zone as well as in its new subsidiary SEZ in Poipet have a real potential to spur growth in the near future: “We are targeting more Thai investors in accordance with their economic model of expansion in the region; increased trade flow between our two countries will attract more direct investment from Thailand. In addition, our upcoming Poipet PP SEZ is a great strategic location for Export-based Thai companies to relocate their production houses. Especially with its proximity to the Laem Chabang deep-sea port,” said Uematsu.
This latest signing highlights once more the attractiveness of the industrial estate to international investors, and its ability to bring a wide range of new industry sectors to the country. Phnom Penh SEZ contributes greatly to the diversification of the Cambodian economy. “Such industries have their own context and technical knowledge requirements. This will lead to a more diverse skill-set of our workforce and it is clearly fundamental to economic diversification,” said Uematsu.