Recently, the Zhejiang Special Economic Zone in Cambodia has presented a rare scene: multiple banks are competing to settle in, forming a unique "bank settlement wave". This phenomenon has broken the traditional development model of "industry first, finance later" in Cambodia's special economic zones, and has attracted widespread attention.

Financial support takes the lead

PPC Bank, as the first contracted bank, officially opened on September 1st at the Dingsheng Business Building in the Special Economic Zone. Following closely behind, ABA Bank has also signed a contract with Universal Commercial Plaza and is currently busy with renovation. Meanwhile, Bank of Canada and Wing Bank have also entered the final stage of signing contracts, and another group of banks are actively negotiating. Such a dense banking layout is truly pioneering in Cambodia's economic zones.

Consolidating the foundation of industrial agglomeration

Behind this financial boom is the strong attraction built by the solid industrial foundation and forward-looking scale planning of Zhejiang Special Economic Zone. The special zone plan can accommodate over 300 enterprises, providing a vast potential market for financial business. As of now, more than 100 companies have successfully settled in, of which 25 have been put into operation smoothly, and more than 50 companies are actively building. A vibrant industrial ecosystem has begun to take shape.

It is this visible and tangible agglomeration effect and development speed that has given major banks full confidence. They foresee the huge financial demand brought by stable and continuously growing enterprises and employees in the future. Therefore, banks are no longer mere observers, but rather take the lead as supporting service providers, proactively providing strong financial support for enterprises and employees in the special zone.

The Zhejiang Special Economic Zone, with its mature supporting facilities and large scale, has successfully attracted early entry of financial capital and created a new development model of "financial supporting first" for the special zone. This model not only provides great convenience for enterprises settled in the zone, but also builds a solid foundation for mutual benefit and win-win through in-depth bank enterprise cooperation, which injects strong financial momentum into the long-term development of the Special Zone.

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