Cluster model to entice SEZ investors
Kerry WorldBridge Logistics SEZ, which is developing a 63-hectare industrial park and free trade zone 17 kilometres south of the capital in Kandal province, has taken on a new partner to design and create an “industry and technology cluster” aimed at attracting non-garment manufacturing investment to its embryonic special economic zone. Under a memorandum of understanding signed on February 20, the company will cooperate with German-based consultancy firm and management firm InSITE Bavaria to address the barriers that deter German manufacturers from establishing factories in the Kingdom – specifically the country’s high electricity prices and massive skills gap.“We are keenly aware of the challenges currently faced by Cambodia’s industrial development, and we hope that by working together we can address them,” said Charles Esterhoy, chief operating officer of Kerry WorldBridge.
