On Wednesday, January 13, 2021 at RUPP, the representative of PPSP’s management, Mr. Sun Samoeun presented scholarship awards to ten RUPP’s students. This is the fourth year that PPSP has offered the scholarship to students at RUPP with the total amount of 5,000 USD per year to support students’ learning programs for new academic year 2020-2021.
In December 2020, PHNOM PENH SEZ PLC. (PPSP) represented by Chairman Tan Kak Khun, and MARVEL GARMENT CO., LTD. (Marvel Garment) represented by General Manager Mr. Yan Delin signed the lease agreement for additional land
Since its establishment in 2006, Phnom Penh SEZ Plc. (PPSP) has been developing and expanding non-stop. While the main business is to develop and operate Phnom Penh Special Economic Zone, there are now several new businesses like construction, security, tax consultation and support, properties development and management, etc.
On Wednesday 28, October 2020 Phnom Penh SEZ Plc held its Extraordinary General Shareholders’ Meeting for ordinary shareholders to vote and approve the two (2) resolutions to be presented during the meeting.
On October 24, 2020, in collaboration with the local authorities of three villages in Sangkat Phsar Kandal, Poipet PPSEZ and B.Grimm Power Poipet, our business partner for electricity supply, provided humanitarian gifts including two tons and half of rice, instant noodles, canned fish and other daily foodstuff to 101 families affected by flood in Phsar Kandal Village, Steung Bot Village, and Andoung Thmor Meas Village.
On September 30, 2020, PPSP in collaboration with the representative of the Ministry of Labour and Vocational Training (MoLVT), organized a third quarterly HR and Admin meeting with 65 participants from various companies inside the zone.
MARVEL GARMENT CO., LTD. (Marvel Garment), the largest vertically integrated knitwear manufacturer in China, has been constructing a new production facility since March 2019 in Phnom Penh Special Economic Zone.
Despite of COVID-19 crisis, Sumi (Cambodia) Wiring Systems Co., Ltd. (Sumi Cambodia) doubled its production from early this year in order to cater its increasing orders. Sumi Cambodia is a subsidiary of Sumitomo Wiring Systems, Ltd. in Japan, a world-leading manufacturer of wire harness for automobile.
COVID-19 has been a very big concern for governments and people around the world for more than half of 2020. Borders are locked, tourist activities dramatically decline, schools and many other public facilities are closed either partially or completely. This also affects the supply chains of many manufacturing companies, resulting in drops in productions, and a decrease in employment. Meanwhile, new opportunities and chances also arose; new ways of thinking and methods of business got added.
On August 8, 2020, Phnom Penh SEZ Plc. in collaboration with Dr. Mey Kalyan, Chairman of the Board of Trustees at Royal University of Phnom Penh (RUPP) and Mr. Ea Hoknym, Chairman of Aoral Silk Community located in Kompong Speu province, expanded planting over 3,500 of new mulberry trees in PPSEZ.