If you are looking for a factory for rent in Phnom Penh or warehouse for rent in Phnom Penh then you have come to the right place. Knight Frank Cambodia’s industrial real estate leasing experts are here to guide you to your perfect property for your business operations in Cambodia. We’ve also outlined some helpful tips that will make your life a little easier and hopefully save you valuable time when looking for a warehouse or factory to rent in Phnom Penh.
Factory for rent in Phnom Penh
With the garment industry making a major contribution to the overall Cambodian economy and GDP in may not come as a surprise to find it’s certainly possible to find a factory for rent in Phnom Penh city center; ranging from bare interior to “build to suit” operations, finding a factory to rent in Phnom Penh with good road access connecting to national highway 4 which links Phnom Penh and Sihanoukville the home to Cambodia’s only deep sea (autonomous) port is certainly possible. The majority of which are located in either Kompong Speu or Kandal province.
However the overall quality of the current supply is not yet up to international standards with requirements above 5,000 Sqm in very short supply. Asking rents for factories usually range from between $2 to $4 Per Sqm per month.
Warehouse for rent in Phnom Penh
As with many major global cities if you need to find a warehouse for rent in Phnom Penh you are best to look in the area surrounding the city. As with factories, warehouses are currently located in similar provincial locations (Kompong Speu and Kandal) and certainly the current supply is yet to catch up to the quality that would be considered “international standard”.
Typical warehouse size also tops out above 5,000 Sqm with asking rents also approximately USD $2 to $4 Per Sqm.
Special Economic Zones (SEZ’s)
One of the biggest challenges faced when looking to set up manufacturing or supply chain and logistics operations in Cambodia is access to and reliability of infrastructure. To tackle this issue head on the Cambodian Government has set up Special Economic Zones or “SEZ’s”.
Phnom Penh Special Economic Zone is just 10 minutes from the current Phnom Penh International Airport. Operating from an SEZ can bring many benefits, not just the inherited infrastructure including reliable power supply and access to National Highways and Airports but additional incentives such as possible duty free and quota free (DFDQ) exemption by the European Union, Canada, Norway, New Zealand and Australia.
SEZ’s offer generous investment incentives including such as corporate income tax rate of 20% and up to years tax holiday. These incentives are available for “qualified investment projects” (QIP’s) for which your organization must apply. For more information regarding industrial site in Cambodia including SEZ’s please contact us.