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Cambodia's Forever Fug Garment to open $10-mn garment unit
14 Aug '20
1 min read
Pic: Shutterstock
The Council for Development of Cambodia (CDC) recently announced that Forever Fug Garment will invest around $10.3 million in constructing a garment factory in Thbong Ang village in Prey Nheat commune of Korng Pisey district in Kampong Speu province. The project, that received CDC green light some time back, is expected to generate 2,263 jobs.
Such investment demonstrates confidence of foreign investors in Cambodia’s macroeconomic, political and social stability, especially during the COVID-19 crisis, according to a CDC press release.
Such investment demonstrates confidence of foreign investors in Cambodia’s macroeconomic, political and social stability, especially during the COVID-19 crisis, according to a CDC press release.
Fibre2Fashion News Desk (DS)
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Folker Stachetzki
Brother Internationale Industriemaschinen GmbH
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