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Cambodia gives green signal for 3 new garment factories
15 Sep '22
1 min read
Pic: Shutterstock/ I Love Coffee dot Today
The Council for the Development of Cambodia (CDC) has given the green light to three new investment projects that require a total funding of $16.5 million in the country’s capital city Phnom Penh and Kampong Speu province.
Cambodia-based firms Sky Clothing Co Ltd, YTI Garment Co Ltd, and China Ting Fashion Co Ltd will invest in the setting up of garments factories in Khan Meanchey of Phnom Penh, and the Samrong Torng and Oudong districts of the Kampong Speu province, respectively, as per a press release by the CDC.
Around 6,690 jobs for the locals are anticipated to be created as a result of the approved projects.
Fibre2Fashion News Desk (NB)
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