Reporter: Miles
From time to time, the news or topic of "Westport is the next Shenzhen" always triggers ridicule among netizens.
Recently, according to the Khmer Times, "the Cambodian government hopes to attract investors by reducing logistics costs, providing investment incentives and strengthening human resource development, and develop Westport into the next Shenzhen," said Deputy Prime Minister Sun Chanto.
For a large number of friends, the topic of "Xigang is the next Shenzhen" was forwarded. Recently, an unnamed authoritative source made such remarks, saying that "Westport is by no means the next Shenzhen", but a touchstone for Cambodia.
He added that what is the geographical location of Shenzhen? Hong Kong in front and more than one billion people in China. On this basis alone, Westport is not comparable. Westport is the next Shenzhen, and it is from the Chinese mind, not from the Cambodian standpoint. To be clear, Cambodia is not following the Chinese model.
"But there is no doubt that the future prospects of Westport are very good. The authority said. Moreover, we must distinguish between the concepts, Westport becomes the next Shenzhen and Westport is the Shenzhen of Cambodia, these are two concepts, and we cannot confuse right and wrong. And Westport is Shenzhen, Cambodia, which is inevitable. But it is even more difficult for Westport to become the next Shenzhen.
Authoritative sources said that I have been in Cambodia for more than 20 years and have always paid attention to the latest developments in Cambodia or Westport, so that every time I return to China, I will tell domestic investors. Westport is the most promising city in Cambodia in the future, although there are many problems now.
He said that Chinese who come to Westport to invest must be responsible for their original choice to invest here, and the development of a city will definitely have a period of extensive chaos, and there will definitely be people trapped in this stage who cannot get out.
"At that time, there were many people around me, and I had persuaded some people during the peak of Westport, but it was still too late to stop, but unfortunately not many people listened to me. Said the pundit. I have experienced the peak stage of urban development in China, and later left a large number of unfinished buildings, exactly the same as the original Westport.
Today, Westport is facing many problems, which are difficult to deal with by its unilateral strength. However, Westport has become an economic powerhouse of Cambodia in the future, which is brought about by its own geographical advantages. Prime Minister Hun Manai has said that the government is working on a master plan for the Sihanoukville Multi-Purpose Special Economic Zone, including the development of Sihanoukville into a financial centre.
In addition, the government will develop the Westport deep-water port to make Cambodia a regional logistics hub in Southeast Asia. A $1.7 billion inland canal project is also being considered to connect it to the Westport deep-water port.
Authoritative sources told reporters that the most likely thing in Westport is to develop a financial center and industrial development. He revealed that at present, China's industrial going overseas is not an enterprise behavior, but a national collective behavior. You can go to the statistics to find out how many provincial government delegations from China have come to Cambodia for inspection.
China needs industrial transfer, and Cambodia needs industrial development. However, in view of the industrial development of Xigang, we must be selective and do a good job in industrial planning. The design of the "grape bunch" type industrial park is in line with the actual needs of the development of Xigang city, and each bunch of grapes is a closed-loop industrial chain. There are even different types of industries as well as different countries participating.
Earlier, Prime Minister Hun Manai said at the opening ceremony of the "2024 Special Plan for Promoting Investment in Westport" in Westport that the Cambodian government plans to establish a special economic zone or some kind of industrial zone exclusively for investors from the same country. Moreover, the government is working on policies and piloting the establishment of SEZs for green technology, green and digital industries to attract investment in these sectors, which means that the SEZs are only suitable for such investments.
Moreover, in the future, Westport's digital finance must be the trend of the times. An authoritative source revealed, "As far as I know, there are currently American consortiums that are reaching out to Cambodia, and the best place to develop digital finance is in Westport." Because many online gambling scams play digital finance. If a U.S. consortium comes to Westport and formalizes digital finance, it will be possible to track down a lot of online fraud.
Separately, according to documents obtained by the Khmer Times, the National Bank of Cambodia is currently studying the feasibility of a proposal that could allow Cambodian banks to trade cryptocurrencies such as Bitcoin. However, within a month of the ban, the Cambodian Securities and Exchange Regulator approved another license to operate the Royal Group cryptocurrency exchange.
If the National Bank of Cambodia allows banks to trade cryptocurrencies, it will bring legitimacy to the industry and make transactions much easier.
Based on the above-mentioned policy analysis, the potential of Westport's future development is gradually highlighted. It was only a matter of time before Westport became the Shenzhen of Cambodia.
(This content is the original work of the "Cambodia Single Network APP" client, please contact customer service Xiaoxi for authorization for reprinting, reprinting without permission will be regarded as plagiarism and infringement)
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