Q:What are the conditions and planning of power generation in SSEZ currently?
A:
In Cambodia, the electricity is mainly generated by heavy oils. Because the Sihanouk Province is treated as another new economic center in Cambodia in following few years, the two Cambodian thermal power generation projects are allocated in Sihanouk Province, of which the power station (2*50MW) invested by a Malaysian company has been put into operation in 2013. In July 2013, the SSEZ Company transferred the electricity supply which is generated by the diesel-generator belonging to the SSEZ Company to electricity supplied by the Cambodian Electricity du Company (EDC) with a lower electricity price. Moreover, the self-built generator sets (4*1000KW) are set as reserve power supply when power failures happen.
Q:Does the newly formed company need any bank capital or capital verification certificate?
A:The newly formed company should provide bank deposit proof of 25% of registered capital.
Q:Is the investment ratio of the foreign investors limited? What is the minimum capital of limited company or stock company?
A:Cambodia doesn’t limit the investment ratio of the foreign investors, and foreign investors can have 100% stock equity. The minimum registered capital of business registration limited company or stock company is generally $5,000 without any preferential policies. However, the company which is approved by CDC can enjoy preferential policies, and the registered capital is more than $500,000.
Q:If the raw materials are imported, and the products after processing are all exported to Southeast Asian Nations, how should calculate the tariff? (can the import and export tax be deductible?)
A:The fifth chapter the fourteenth article the fifth paragraph of the Law of Investment of Cambodia Kingdom says: All the export products are totally free for export tax. 0% of the customs tariff can be available between ten ASEAN countries.
Q:How much time and money will it cost from Sihanoukville to Bangkok port through the sea or the land?
A:There is direct sailing from Sihanoukville to the Bangkok now, so one day is enough, the freight is calculated as followed: 40-feet container costs 450 dollars per container; and 20-feet container costs 250 dollars per container. Certainly, it is also available directly by land from Sihanoukville to Bangkok, and the land distance is about 720 kilometers. However, it is considered that the road in Cambodia is rather poor and the sea route is so short ,so Thailand's import and export textile enterprises always choose shipping as we know.
Q:Does SSEZ have supporting services to solve managers’ accommodation problems?
A:At present the comprehensive office building has hotels and restaurants to provide catering and room services for managers of the region enterprises. The standard rooms cost $25 a night, while the suite $50 a night. One meal cost $3.5, including three meals a day.
