Timing and choosing the right place
Cambodia is your best bet for the US-China trade war!
Monthly export value over
Exporting more than 3,000 containers per month, accounting for 6% of Cambodia's total national export value
MSEZ is committed to assisting businesses to become more profitable in Cambodia. We provide professional design and construction services for factories, warehouses and other industrial buildings to ensure that every project is completed on time and within budget. Whatever you need, MSEZ has the perfect solution to meet your needs.
On US-China trade
Manufacturers deep in US-China trade war: tariffs threaten industry ecology
Manufacturers collaborate to meet the challenges of trade wars!
The 25 percent tariffs imposed by the U.S. government on some Chinese goods have reportedly caused the cost of the products involved to rise by anywhere from 10 to 20 percent, and the profits of many companies have plummeted as a result. China, in turn, has responded to the U.S. tariff hikes, causing many goods exported to the U.S. to face the same problem. These tariff hikes have already had a huge impact on global supply chains and markets, with many companies being forced to adjust their business and production plans, or having to close or move production bases. In the face of this situation, we need to come together more closely to meet the challenges ahead and find more appropriate solutions to ensure the industry’s sustainability
Why choose the Manhattan Special Economic Zone?
Famous Partner Brands
In special economic zones, tax relief
In Cambodia, export tax is exempted and imports of machinery and equipment, construction materials, spare parts and raw materials for production are exempted from customs duty and VAT. In addition, corporate income tax can be granted for 6-9 years, and VAT on production equipment, construction materials, etc. is 0%. For industries serving the export market, raw materials are exempt from VAT in the economic zone. These incentives can help companies reduce costs, increase competitiveness and do business better.
No exchange controls
Cambodia does not have strict foreign exchange controls, which makes it relatively easy to move money in and out of the country. This is an important factor for companies wishing to set up production facilities in Cambodia, as it allows them to easily manage their finances and access foreign exchange when needed.
Minimum wage per month: 200 dollars
Cambodia has a relatively low monthly minimum wage of around $200. This could be an attractive factor for companies looking to establish production facilities in the country, as it means labor costs are relatively low. Low labor costs can help companies keep production costs low and increase profitability while remaining competitive in product pricing.
Cambodia has a population of over 16 million with a median age of 27.5 years. The country’s young, educated and relatively low-cost workforce lends itself to outsourcing of labor-intensive manufacturing and assembly operations. Cambodia’s garment and textile industry is the largest employer, followed by tourism and construction. These characteristics make the country an attractive destination for foreign investment.
US Dollar Transactions
Cambodia trades primarily in United States dollars, which is beneficial to companies wishing to establish production facilities in the country. Using the United States dollar as the primary currency for trade helps to reduce currency risk and makes it easier to manage financial transactions. In addition, the use of the dollar allows companies to more easily compare costs and prices with those in other countries.
Low Social Security Rate
Social insurance rates in Cambodia are relatively low, which helps to keep labor costs low for companies wishing to establish production facilities in the country. Social security contributions in Cambodia consist of three main components: pension, health and unemployment. Compared to other countries, employers in Cambodia contribute at a lower rate of about 4-5% of an employee’s salary, which is significantly lower than in other countries.
Yang Kecheng - Group CEO
Yang Kecheng successfully established a factory in Cambodia to produce protective clothing for the international market. He was selected to preside over the development of Cambodia's first Special Economic Zone (SEZ). The duty-free, bonded zone provided commercial, residential and other amenities in addition to processing and export functions. During the initial phase of the SEZ, manufacturers subject to anti-dumping duties were given priority in terms of low prices and goods could be shipped directly to the port in Ho Chi Minh City, Vietnam for export.
Don’t miss out on the opportunity to work with MSEZ. Contact us today to see how we can help take your business to the next level.