Master Plan of Province Multi-Purpose Special Economic Zone, ()

H.E. Chea Kok Hong Project Director Ministry of Economy and Finance

02nd Feb 2021 Content

1. Cambodia's Vision 2030 2. Industrial Development Policy (IDP) 2015-2025 3. Challenges of IDP & Development 4. Capital Flow in Sihanoukville Province 5. Master Plan for Sihanoukville Province 6. Lesson Learnt from the preparation of Master Plan in SHV 1. Cambodia’s Vision 2030

Cambodia’s GDP Growth 2030 10% (2015-2024p) 7.5% Upper middle- 8% 6.9% 7.0% 7.1% 7.0% 7.0% 6.5% income country 5.9% 6% 4.4% ($4,046 - $12,535) 4%

2%

0%

-2%

-4% -3.4% -6% 2015 2016 2017 2018 2019 2020e 2021p 2022p 2023p 2024p

Agriculture Industry Service GDP GDP in 2019 per Capita ($27.5 Billion) ($1,700)

Source: NIS (2015-2019) and MEF (2020-2024) 3 2. Industrial Development Policy 2015-2025 (IDP)

IDP’s concrete measures: Industries serving regional 1. Electricity price deduction production lines 2. Master plan of transportation 3. Skill Development • ICT, energy, heavy industries 4. Master plan for Sihanoukville Province • green technology, etc

Supporting industries New industries IDP • Agriculture • mechanic/electronic/electric • Tourism and textile sectors, etc equipment assembly, etc

SMEs • furniture manufacturing & Agro-industrial production industrial equipment, etc • Export & domestic markets

Source: Industrial Development Policy 2015-2025 4 Urgent Need of a Master Plan for SHV Development

1.

2. CAPITAL REGION

3. SIHANOUKVILLE & COASTAL REGION

5 3. Challenges of IDP & Sihanoukville Province Development

Human Resource

Rapid development brings disorder of urban construction

Challenges of IDP

Coordination mechanism Planning

Shortage of skilled labor forces 6 4. Capital Flow in Sihanoukville Province

Share of Construction Project Approval in SHV and others 100.0% 0.5% 0.6%

$4.3 Billion 37.4% 80.0% USD

60.0% 99.5% 99.4% 40.0% 62.6%

20.0%

0.0% 2017 2018 2019 Approval in PP+Others Approval in SHV

Source: MLMUPC, 2020 7 5. Master Plan for Sihanoukville Province

Royal Government of Urban Planning and Design Cambodia Institute of Shenzhen

8 6. Lesson Learnt from preparation of Master Plan in SHV

Resource -Policy Formulation Vision Planning -Human Resource -Law and Regulation Master Plan to Develop and Transform Sihanoukville -Budget Resource -Coordinaiton mechanism Province into a Model Multi- -Institutional arrangement Purpose Special Economic Zone

(Support & Cooperation )

Relevant -Identify and establish partnership with technical institutes stakeholders -Support on M&E and promotion of master plan -Support on formulating policy to attract investment/Public Private Partnership Project into SHV province.

9 Thank you Project Director's Profile Email: [email protected]