Cambodia Opens New Special Economic Zone Near Phnom Penh

New SEZ Transforms Phnom Penh Outskirts

Cambodia has announced the development of a major 2,000-hectare special economic zone (SEZ) located 25km southwest of Phnom Penh, positioned to transform the surrounding real estate market.

Project Details

• Investment: $2.5 billion total development cost over 10 years
• Jobs: Expected to create 50,000 direct and 100,000 indirect jobs
• Focus Industries: Electronics manufacturing, food processing, logistics
• Infrastructure: Includes worker housing, commercial areas, and international school

Property Impact

Land prices in the surrounding Kandal province have already increased 15% since the announcement. Developers are planning residential projects targeting both SEZ workers and middle-class families. Strata-title condominiums — which foreigners can legally own — are expected to launch at $1,200-1,800/sqm.

Foreign Ownership

Cambodia allows foreign ownership of strata-titled units above the ground floor. This SEZ development includes multiple condominium projects designed for international buyers, with prices starting from $60,000 for studio units.