{"id":24807,"date":"2021-08-13T07:39:17","date_gmt":"2021-08-13T00:39:17","guid":{"rendered":"https:\/\/www.asiapropertyawards.com\/?p=24807"},"modified":"2021-08-13T07:38:49","modified_gmt":"2021-08-13T00:38:49","slug":"cambodias-expanding-logistics-and-industrial-segments-draw-in-international-interest","status":"publish","type":"post","link":"https:\/\/www.asiapropertyawards.com\/en\/cambodias-expanding-logistics-and-industrial-segments-draw-in-international-interest\/","title":{"rendered":"Cambodia&#8217;s expanding logistics and industrial segments draw in international interest"},"content":{"rendered":"<p><span data-contrast=\"auto\">Foundational industrial and logistics activities mean greater access to land borders, seaports, river routes, and airports\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<figure id=\"attachment_24808\" aria-describedby=\"caption-attachment-24808\" style=\"width: 1000px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"wp-image-24808 size-full\" src=\"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2021\/08\/processed-9-15.jpeg\" alt=\"\" width=\"1000\" height=\"667\" srcset=\"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2021\/08\/processed-9-15.jpeg 1000w, https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2021\/08\/processed-9-15-400x267.jpeg 400w, https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2021\/08\/processed-9-15-600x400.jpeg 600w, https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2021\/08\/processed-9-15-768x512.jpeg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><figcaption id=\"caption-attachment-24808\" class=\"wp-caption-text\">The total land area provides around 600 hectares of industrial area for various industries. Nature&#8217;sCharm\/Shutterstock<\/figcaption><\/figure>\n<p><span data-contrast=\"auto\">According to a report by <a href=\"https:\/\/www.cbre.com.kh\/research-center\/downloads\/the-future-of-phnom-penh-south\/?utm_source=CampaignLogic&amp;utm_medium=email&amp;utm_campaign=Southern+Phnom+Penh+Report+%26+Video&amp;utm_content=08%2f12%2f2021\" target=\"_blank\" rel=\"noopener\">CBRE<\/a>, the southern regions of Phnom Penh\u00a0are\u00a0receiving\u00a0increasing\u00a0attraction in becoming an important location for property segments, but industrial and\u00a0logistics\u00a0are still at a nascent stage.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Phnom Penh Special Economic Zone (PPSEZ)\u00a0is the heart of the region\u2019s East-West Corridor, bridging Sihanoukville\u2019s deep-sea port to markets like Singapore and Vietnam.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">If projects are constructed and managed in a similar professional\u00a0manner,\u00a0future industrial activity in\u00a0the Southern\u00a0Phnom Penh area is expected to reflect similar dynamics to PPSEZ.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">The total land area provides around 600 hectares of industrial area for various industries. Approximately 64 hectares of industrial land developed by Worldbridge was expected to complete in 2021, but the project has been delayed as of Q2 2021. <\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Industrial and logistics activity in the southern region is still at a nascent stage, but the expanding infrastructure development will allow\u00a0all other components of a manufacturing base to operate smoothly and cost-effectively.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">This foundational activity means greater access to seaports, land borders, river routes, and airports, and its rapid scaling is making the area increasingly appealing to domestic and international stakeholders.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">One of the most significant observations is the lack of Ready Built Factories (RBF) in Phnom Penh\u2019s industrial market.\u00a0RBFs are important for manufacturers\u00a0seeking a smooth relocation, and by\u00a0filling\u00a0this non-existent\u00a0supply, industrial developers can accelerate\u00a0relocation\u00a0times and draw in manufacturing tenants.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><a href=\"https:\/\/www.asiapropertyawards.com\/en\/suburban-living-trend-drives-developers-to-expand-outside-of-phnom-penh\/\" target=\"_blank\" rel=\"noopener\"><strong>More: Suburban living trend drives developers to expand outside of Phnom Penh<\/strong><\/a><\/p>\n<p><span data-contrast=\"auto\">Moreover, \u201cChina plus One\u201d is a low-hanging fruit that will push forward Cambodia\u2019s industrial and logistics segments. Considering the nation\u2019s China-friendly outlook, there might already be a large high-tech manufacturer looking for a new outpost.<\/span><\/p>\n<p><span data-contrast=\"auto\">It\u00a0will also be interesting to observe how the Greater Mekong Subregion Economic Corridor ties into the progression of Cambodia\u2019s industrial &amp; logistics sector. The Asian Development Bank has projected\u00a0significant reductions in\u00a0customs formalities and export clearances,\u00a0lower\u00a0cost of transportation, and improved\u00a0trade-related infrastructure.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><i><span data-contrast=\"none\">The Property Report editors wrote this article. For more information, email:\u00a0<\/span><\/i><a href=\"mailto:propertyreport@propertyguru.com\"><i><span data-contrast=\"none\">propertyreport@propertyguru.com<\/span><\/i><\/a><i><span data-contrast=\"none\">.<\/span><\/i><span data-ccp-props=\"{&quot;201341983&quot;:1,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:270}\">\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Foundational industrial and logistics\u00a0activities\u00a0mean greater access to land borders, seaports, river routes, and airports\u00a0\u00a0<\/p>\n","protected":false},"author":12,"featured_media":24808,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[92,1],"tags":[177,309,310,178],"class_list":["post-24807","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-property-report","tag-cambodia","tag-industrial","tag-logistics","tag-phnom-penh","news_country-cambodia","news_author-property-report"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Cambodia&#039;s expanding logistics and industrial segments draw in international interest | Asia Property Awards<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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