Cambodia approves 9 investment projects with investment of over $43 mn

15 Jan '22

2 min read

Pic: Shutterstock

The Council for the Development of Cambodia (CDC) recently approved nine investment projects with a total capital of more than $43 million and can create jobs for more than 10,000. The projects are in garments, bags and suitcases, cardboard and plastic items and PET materials. CDC issued investment project registration certificate to the companies.

Como Apparel will establish a garment factory in Ampil Village in Phnom Penh with an investment of $14.7 million. Leona (Cambodia) will set up a factory in Keo Udom village in Kampong Speu province to produce bags and suitcases with an investment of $5.8 million.

Sincere Season (Cambodia) Garment will establish a garment factory in Boeung Kaek village in Kandal province with an investment of $5.6 million. Powerful Riches Garment (Cambodia) will set up a garment factory in Phsar Dek Leu village in Kandal with an investment of $5 million, Cambodian media reported.

Green Bag (Cambodia) and Global Supply Redwood will establish factories to produce bags in Fong Chros village of Kampong Speu province and Trach village of Kampong Speu province with investments of $5 million and $3 million respectively.

Inkyung Wondang Apparel will set up a garment factory in Damnak village of Phnom Penh with an investment of $3 million.

Cambodian Shenghong Packaging will build a cardboard and plastic products factory in the special economic zone (SEZ) in Sihanoukville with an investment of $680,000. Best-Run Technology (Cambodia) will set up a PET material factory in the SEZ in Sihanoukville with an investment of $500,000.

Fibre2Fashion News Desk (DS)

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