Master Plan of Sihanoukville Province Multi-Purpose Special Economic Zone, (Cambodia) 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 & Sihanoukville Province 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. SIEM REAP 2. PHNOM PENH 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].