In the morning of May 28, 2020, PHNOM PENH SEZ PLC. (PPSP) represented by Chairman Mr. TAN KAK KHUN, and MARVEL GARMENT CO., LTD. (Marvel Garment) represented by General Manager Mr. YAN DELIN signed the land lease agreement for additional land.
Marvel Garment is a leading knitwear manufacturer from China, and they have been expanding their project continuously in Phnom Penh Special Economic Zone (PPSEZ). The company has its current project in Phase 3 of PPSEZ, which started in March 2019, covering an area of 43ha.
The project is designed as a cluster of garment manufacturing plants, with tailoring, sewing, packaging, warehousing, and printing and embroidery in a complete set. A total of 16 workshops are expected to be completed in 2021, which can create 17,000 local job opportunities.
Considering the residence and commuting of a large number of workers, the company has begun to prepare workers' dormitory and surrounding facilities. “While setting up the production area, we must arrange the living facilities in advance for the workers in the future.” Said General Manager of MARVEL GARMENT.
This transaction involves the lease of 6.4ha of land, and is another symbol of deep cooperation between the two companies, for jointly vitalizing employment and economy of the Kingdom of Cambodia.