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Vision & Objective
The Master Plan to Develop Preah Sihanouk Province to Multi-Purpose Special Economic Zone (MPSEZ) aims to drive Cambodia’s economic growth and regional integration. Guided by a bold vision, the plan envisions Preah Sihanouk as an international gateway, a national development pole, and an ASEAN metropolis by 2040. With clear objectives to attract investment, enhance infrastructure, and promote sustainable development, the plan sets a transformative pathway for long-term prosperity and global competitiveness.
In long-term planning vision, Preah Sihanouk province will become:
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International trade and logistics center
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International multi-modal transport hub
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International financial and trade center
Preah Sihanouk Province should catch opportunities of cross-border flows, industrial transfer and new economy development to support domestic growth, to be planned to become a “national development pole”:
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World class coastal and island tourist destination
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National growth center of industrial development
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National center for technological innovation
Preah Sihanouk Province has the potential of establishing an “ASEAN metropolis”:
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A model green, sustainable city
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A friendly city of cultural diversity
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A pioneer smart city
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In the near term (2025 - 2030), during Pentagonal Strategy Phase I, the focus will be on integrating the province actively into the regional trade system, expanding its logistics and tourism capabilities, upgrading the old town and developing new areas, and attracting high-quality investment to foster industrial development and infrastructure.
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In the next 10 years till the baseline target year of the Master Plan (2030-2040), during Pentagonal Strategy Phase II and III, Preah Sihanouk Province will solidify its role as a national gateway and regional hub city for finance, trade, industrial development, transportation, and technology. It will aim to become a diversified city with high-tech manufacturing and high-end services, a key industrial base and trade center, a world-famous coastal city suitable for living and entrepreneurship, a green and sustainable city and a smart city, and a high-income province with shared prosperity.
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Population: 1 million
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Annual GDP of 13.6 billion USD.
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The development land is estimated to cover an area of 200-250 km2 making the 2nd largest metropolis after Greater Phnom Penh Metropolitan Area and 3rd largest provincial administrative unit in terms of economy and population after Phnom Penh and Kandal.
