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Cambodian PPSP signs land lease contract with PRC's Marvel

07 Jan '21

1 min read

Pic: Phnom Penh Special Economic Zone

The Phnom Penh SEZ Plc (PPSP) recently signed a lease agreement for an additional 3.7 hectares of land with Chinese knitwear manufacturer Marvel Garment. PPSP chairman Tan Kak Khun signed the deal last month with Yan Delin, general manager of Marvel Garmen, the local arm of leading Chinese clothing manufacturer Shenzhou International Group Holdings Ltd.

PPSP is behind the Phnom Penh Special Economic Zone (PPSEZ), an industrial park in Kambol district’s Kantaok commune on the outskirts of the capital.

As more production lines are completed, Marvel Garment has stressed its urgent need to increase its pool of workers from 3,000 early in October to 6,000 soon, a PPSP press release said.

Marvel Garment is stepping up preparations of dormitories and surrounding facilities to accommodate its target of 10,000 workers by the end of the year, PPSP said.

PPSP on December 21 broke ground on a new rental warehouse which is expected to be operational in July. Construction is slated to be completed in seven months.

Fibre2Fashion News Desk (DS)

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