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CDC approves three investment projects in Cambodia worth $17 mn
27 Feb '23
1 min read
Pic: Shutterstock/ Zhukov Oleg
The Council for the Development of Cambodia (CDC) has greenlit three new investment projects in the country worth a total of $17.6 million. The three investor companies are looking to build garment and packaging material factories in the Takeo and Kampong Speu provinces.
Pengjiao (Cambodia) Industrial Co Ltd, Zhong Shan Teng Fei (Cambodia) Packaging Material Co Ltd, and SSH CB Sustainable Fashion Co Ltd are the companies behind the new projects, the CDC said in a press release.
The projects are anticipated to generate a total of 6,480 jobs for the locals.
Fibre2Fashion News Desk (NB)
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