WELCOME TO
POIPET PP SEZ
ppsez.comFebruary 2017
GENERAL INVESTMENT POLICIES IN CAMBODIA
COMMITMENT OF THE CAMBODIANGOVERNMENT TO SPECIAL ECONOMIC ZONES
Council for the Development of Cambodia (CDC)(Chairman - Prime Minister HUN SEN)Issue of a sub-decree on SEZ’s 12/2005
Cambodian SEZ Board (CSEZB)
The SEZ Administration: A one-stop service center• Council for the Development of Cambodia• Customs & Excise Department• Ministry of Commerce• Ministry of Labor & Vocational Training• Cam control
SEZ Trouble Shooting Committee (Chaired by Prime Minister HUN SEN)
Prime Minister HUN SEN directly attends to solve issues concerning SEZ’s
Solution
INCENTIVES FOR INVESTORS (1)To qualify for Government-endorsed financial benefits, an Investment Project will be granted status as a Qualified Investment Project - QIP
INDUSTRY REQUIRED MIN. INVESTMENT US$
Supporting industries: If 100% of the production supplies export industries only $ 100,000
Production of animal feed $ 200,000
Production of leather products and related products, metal products, electrical and electronic appliances and office materials, toys and porting goods, motor vehicles parts and accessories, ceramic products
$ 300,000
Production of food + beverage, products for textiles industry, garments, textiles footwear and hats, furniture and fixtures that do not use nature wood, paper and paper products, rubber and plastics products, clean water supply, traditional medicines, freezing and processing of aquatic products for export, processing of any kind of cereals and crops
$ 500,000
Production of chemicals, cement, fertilizers and petrochemicals, pharmaceuticals $ 1,000,000
INCENTIVES FOR INVESTORS (2)
Tax Incentives for Qualified Investment Projects, QIP
1. Import duty exemption on construction materials and production equipment
2. Import duty exemption on productionmaterials for export industry and export duty exemption
3. Profit tax exemption
“Trigger Period” 3 years Priority Period+ +
Maximum trigger period: Either the first year of profit or 3 years after the QIP earns its first revenue, whichever sooner
INCENTIVES FOR INVESTORS (3)
Tax incentives for QIP approved SEZ InvestorExemption of 10% VAT in addition to import duty exemption
Type of QIP Construction materials Production equipment Production materials
Export Industry Exempted Exempted Exempted
Domestic Industry Exempted Exempted Not Exempted
Other benefits• Equal market access for foreign investors• 50 year lease of land available to foreign investor (transferable)• Unrestricted currency exchange and fund transfer
POI PET PPSEZ 1INFORMATION
POI PET PPSEZ COMPANY STRUCTURE
PHNOM PENHSEZ PLC(PPSP)
POI PET PPSEZ CO., LTD.
PHNOM PENHSEZ
357 ha
POIPET PP SEZ
52 ha+ 13ha for future expansion
100% subsidiary
PHNOM PENH SEZ INTERNATIONAL INVESTORS & INDUSTRY TYPES
• Automotive industry
• Precision electronics
• Health care products
• Precision casting
• Microelectronics
• Beverages
• Food processing
• Diamond polishing
• Organic fertilizers
• Optical parts
• Domestic steel products
PHNOM PENH SEZ TIMELINE
Registered with MoC and obtained SEZ license under Sub-decree No. 33 from RGC
2006
First tenant started operations at Phnom Penh SEZ
2008
ISO 9001:2008 (QMS) and ISO 14001:2004 (EMS) certified
2010
Minebea (Cambodia) Co., Ltd. and Sumi (Cambodia) Wiring Systems Co., Ltd. joined
2012
Laurelton Diamonds (Cambodia) Co., Ltd. & YHS (Cambodia) Food & Beverage PteLtd. joined
2013
Purchased 52.95 HA of vacant land in Poipet, Cambodia
2014
Cambodia Beverage Company Ltd., SVI Public Company Limited & Taisun Vietnam Co., Ltd have joined
2015
Phnom Penh SEZ Listed on Cambodian Stock Exchange market (PPSP)
2016
COMPANY PROFILE
INCORPORATION
December 22nd, 2015 CRC issued
Awaiting sub-decree
CAPITAL5,000,000 US dollars
SHAREHOLDERSPHNOM PENH SEZ PLC. 100%
Board of DirectorsLok Chumteav Oknha Lim Chhiv Ho
as Chairwoman of the Board
Hiroshi UEMATSU (Mr.)
TAN Kak Khun / Eric (Mr.)
TAN Soeun Muoy / Janice (Ms.)
WHY POIPET PPSEZ?
• Utilities - High standard infrastructure, access to reliable power & water supplies, flood protection, waste water disposal
• 10 year’s experience with Phnom Penh SEZ – the leading SEZ in Cambodia and only SEZ listed on the Cambodian stock market (CSX)
• Logistics – Convenient location and connectivity
• Land titling – Complies with land law and regulation
• Services – One-stop service assistance with government applications and processing, HR support (hiring and management)
• Management – Professionally managed: we make your job easier and your business more productive.
LOCATION
Road direction map (Poipet Location)
LOCATION (2)
MASTER PLAN
POIPET PPSEZ PROJECT
• Total area of 65.7 ha
• Located 6 Km east of the Poipet citycenter, with access to one of the key border crossing points with Thailand in the northwest of Cambodia
• Strategically located with access to National Road No. 5 (a designated part of the Asian Highway 1)
CAPACITIES
Electrical power• License for connecting from national substation has been released
(Current capacity 1MW, will increase according to requirement)
Water supply• City water supply
•
Waste water treatment plant• Treatment Capacity 1,600 ㎥/day
Flood mitigation• Extensive system of collection and piping
• System of earth dike to exclude rain water
PROGRESS (FEB. 2017)
• Finished all area’s UXO Removal
• Finished earth works
• Site office is established
• Drainage pipe under construction
LABOR COST IN CAMBODIA
Minimum wage: US$ 153 per monthWorking times: 26 days @ 8 hours/day
Allowances
• Transportation& accommodation
• Attendance bonus
• Food allowance
• National social security fund (NSSF)
• Seniority allowance
: US$ 8 per month
: US$10 per month
: KHR 2,500 (over time only)
: KHR 1,600 - 8,000 / Month
: US$2 - US$11
(from the second year up to US$11)
POPULATION (CAMBODIAN INTER - CENSAL POPULATION SURVEY 2013)
0
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
1,600,000
1,800,000
2,000,000
Kampong Cham Phnom Penh Prey Veng Battam Bang Kandal Takeo Siemreap Kampong Speu Bantey Meanchey Kampong Thom
Cambodia Population in 2013
Both Sexes Male Female
Poipet is located in Bantey Meanchey province, and close to Battambang Province and Siem Reap province
AVAILABLE CUSTOMER AND HR SERVICES
• Staff & worker recruitment services
• Staff training in good management and
leadership practices
• Certified HR and Admin training courses by
Phnom Penh SEZ for investors’ national staff
• Government liaison and assistance for customers
• Labor management support for industrial
relations matters
• Updates on statutory changes in HR and related
Government regulations.
TRANSPARENCY OF PROCESSESPhnom Penh SEZ Plc. is a public listed company operating on highest standards(Its 100% subsidiary Poi pet PPSEZ Co., Ltd. will implement the same standard)
Our good relationships with relevant government agencies are critical to our investors success.
• Phnom Penh SEZ PLC has signed an MoU with Cambodia’s Anti Corruption Unit to re-enforce transparency of business processes and has a zero tolerance policy
• A majority of signatories to the MoU are located in Phnom Penh SEZ
Anti-Corruption
TENTATIVE LAND PRICE & UTILITY COST
Industrial land with 50 years lease: US$ 48/m2
Water: R2,000/㎥
Sewage treatment: Tbc (based on 80% of purchase water volume)
Electricity: $0.16/Kwh
Infrastructure maintenance: $0.06/sqm/month(+10% VAT)
• Please be noted that above prices may be changed.
Please confirm with us for updated information.
CONTACT USFor further information or enquiries please contact
Ms. Michelle Zhao | Senior Manager
T: +855 (0)23 729 798
F: +855 (0)23 729 799M: +855 (0)98 818 [email protected]
www.ppsez.com
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