Compass Real Estate > Cambodia Real Estate Information > What are the economic potentials in Sihanoukville?

What are the economic potentials in Sihanoukville?

2019-01-28
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Summary:Preah Sihanouk Province is becoming the second-most populous city after Phnom Penh, so what are the factors that attracted such rapid investment?

Sihanoukville has become the second most populous city in Cambodia  after the capital Phnom Penh, so what is the province that attracts such rapid investment? In Sihanoukville four special economic zones are operating. Small-Big, 160 and 1,037 Handicrafts, which absorbed a total of 68,354 workers.

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Tourist arrivals on average increased by 10 to 15 per cent per year, with Chinese arrivals numbering 202,947, up 68.79 per cent. Currently, Chinese investors come to Preah Sihanouk province to rank first in the commercial and construction industry and tourism industry.

With the infrastructure potential, with one of the only deep water ports in Cambodia, this province also has a highway, high-speed railway connection, which will soon be built with a high-speed rail project that will be built next. The front of the province also has international airports.

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The Kangkong international airport plays an important role in transporting domestic and international passengers to visit and invest in Sihanoukville. Today, the airport operates by 11 airlines, including 83 domestic flights Weekly and overseas 61 times a week. Direct flights from all the province in  China to Sihanoukville Province there are  16 provinces and cities.

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The airport will also begin soon expanding, which, after expansion, may have the ability to land a plane that can accommodate 400 passengers, which are equivalent to Phnom Penh Airport today, The plane is about the same size as the Siem Reap International Airport.

Cambodia's Prime Minister Samdech Techo Hun Sen recently announced the expansion of the airport to reach 3 million to 5 million passengers a year in the future.
The company will cooperate with the government to expand the airport because we are a government partner and what the government has asked us to do, we will follow, that Sihanoukville Airports will receive about 600,000 passengers by 2018 and may Approximately 1 million people are expected in 2019 this year.

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