Chinese-owned industrial park developer and operator QiLu (Cambodia) Special Economic Zone Co Ltd on Thursday signed a strategic partnership with Environmental Protection Industry Associations of Cambodia (Epiac).
QiLu is behind a 450ha special economic zone (SEZ) planned for Svay Rieng town, the administrative centre of the eponymous province, which is expected to cost $1 billion.
It says the SEZ will be 4km from the town centre just south of National Road 1. Blueprints of the industrial zone show that the project is on the northern bank of a river.
The deal aims to guide QiLu in creating an integrated environmentally friendly SEZ that “welcomes foreign investors to the border province”.
Speaking at the signing ceremony, QiLu director Xing Baoguo said the government issued a sub-decree on March 28, 2017 establishing the SEZ.