>>
Rewind 2021 and prospects for 2022 Rewind 2021 and prospects for 2022
Home / Knowledge / News / Apparel/Garments / Cambodia's CDC approves two projects worth $5.5 mn

Cambodia's CDC approves two projects worth $5.5 mn

19
Aug '21
Pic: Shutterstock
Pic: Shutterstock
The Council for the Development of Cambodia (CDC) recently approved two new investment projects worth a combined $5.5 million. Collaboration Packaging Material Products Co Ltd will build a factory in the Ang Snoul district of Kandal province to make parts for bags and footwear. Chasefire Outdoors (Cambodia) Co Ltd will set up a plant in the Samrong district of Takeo province to make safety apparel, bags and camping equipment.

The two projects are expected to create over 1,200 jobs.

The CDC had a bit earlier already approved 10 projects, primarily on manufacturing clothing, travel bags and shoes. They are worth nearly $80 million combined and are expected to create around 11,500 jobs.

But the new factories will do little to make up for the jobs lost and businesses that have gone bankrupt from the devastating effects of the novel coronavirus, according to a report in a Cambodian newspaper.

Last year 101 factories closed in Cambodia, with most of in the garment sector, according to the industry ministry.

Fibre2Fashion News Desk (DS)


Must ReadView All

Pic: Shutterstock

Textiles | On 28th Jan 2022

Real US GDP rose at 6.9% annual rate in Q4 2021: BEA

Real US gross domestic product (GDP) increased at an annual rate of...

Pic: Shutterstock

Apparel/Garments | On 28th Jan 2022

Egypt’s garment exports rise by 41% to $2.49 bn in 2021 over 2020

The Egyptian apparel sector’s exports rose by 41 per cent in 2021 to...

Pic: Prasit Rodphan | Dreamstime.com

Textiles | On 28th Jan 2022

Cambodia-Vietnam trade volume touches $9.3 bn in 2021

Cambodia-Vietnam trade volume touched $9.3 billion last year—a rise...

Interviews View All

India-EU Summit, Representatives

India-EU Summit
Representatives

India-EU FTA will provide EU with better access to a huge & rapidly...

Textile Industry, Head honchos

Textile Industry
Head honchos

Next level is to inject new features:

Textile Industry, Head honchos

Textile Industry
Head honchos

Uniform designing is a numbers game

Sanmugamagesh,

Sanmugamagesh

<font color="#303030" face="Open Sans, sans-serif">India-based The Chennai ...

Alberto Gotti,

Alberto Gotti

Danitech was born from the will of a group of technicians to offer the...

Jose Antonio Rodriguez,

Jose Antonio Rodriguez

From its foundation in 1968 as Fibras ESSO, after its acquisition by SAMCA ...

Sachin Pendharkar, Dieffenbacher India Pvt Ltd

Sachin Pendharkar
Dieffenbacher India Pvt Ltd

Germany-based Dieffenbacher Group is a producer of high-quality composites ...

Seth Casden, Hologenix

Seth Casden
Hologenix

Hologenix is a material sciences company dedicated to developing products...

Michael Jaenecke, Messe Frankfurt

Michael Jaenecke
Messe Frankfurt

From May 14 to 17, international exhibitors will present the entire...

Suman Nathwani, Suman Nathwani

Suman Nathwani
Suman Nathwani

Designer <b>Suman Nathwani</b> talks about her journey of opening a...

Abhishek Bajaj & Samiksha Bajaj, Samshek

Abhishek Bajaj & Samiksha Bajaj
Samshek

Samshek is a fashion forward tech brand which combines digital experience...

Ritu Kumar, Label - Ritu Kumar

Ritu Kumar
Label - Ritu Kumar

<b>Ritu Kumar</b> is the most respected designerwear brand in India...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments

ESTEEMED CLIENTS

The LYCRA Company Singapore  Pte. Ltd
Tchibo GmbH
Target Corporation (MN)
Lacoste (Wanchai)
Permoda(Koaj/Armi/Pronto/Bkul)
Helly Hansen Far East Ltd
Green Fibre
PVH Corporation
MAS Active / MAS Kreeda / MAS Bodyline
Page Industries Limited (Bangalore)
BIANCA
Calvin Klein
Chori Company Limited
Hela Clothing Pvt Ltd
Truetzschler India Private Limited
Puma
Alix Partners
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
Chico’ FAS
Gap International Sourcing Limited
Arvind Limited
Etam Group Strategy Hong Kong Limited
Vianney Textil Hogar S.A. De C.V.
Sportswear Company Spa
Varner AS Retail
OVS Hong Kong Sourcing Ltd.
Decathlon
IKEA of Sweden AB
IDH – The Sustainable Trade Initiative
T.T. Limited
Benetton Group
Tommy Hilfiger
Tory Burch Hong Kong Ltd
Alison Hayes Romania
Aramark Uniform ;& Career Apparel, LLC
Under Armour Global Sourcing Ltd
Aquarelle Clothing Limited
Maceton Limited
Lululemon Athletica Inc
Landmark Group
Lifestyle
Phong Phu international JSC (PPJ)
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
Babyshop
Sportmaster Ltd.
Recron Polyester from Reliance Industries Limited
LC Waikiki
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
Abit
Lisa S.P.A.
SHAHI Exports Pvt Ltd
Reiter India Private Limited
John Varvatos
Cat Tuong Real Estate Group Joint Stock Company
The Top Form Brassiere Manufacturing Company Limited
Sainsbury's Argos Asia Limited
Groz-Beckert East Asia LLP
Boardriders Asia Sourcing Limited
Gokaldas Exports Limited
Grasim Industries Limited
THE BOMBAY DYEING ;& MFG.CO. LTD
Amazon China
KAS Direct Sourcing
Restoque S.A.
International Textile Manufacturers Federation
KIABI
Gatsby Africa
SYNERGIES HONG KONG LIMITED
Sateri (Jiujiang) Fiber Co.,Ltd
J ;& P Coats
Bluestem Global Sourcing Limited
NITI Aayog
Eastman Chemical Company
C;&A Sourcing International Ltd
Gloria Jeans
Huntsman (Singapore) Pte Ltd
Rosset ;& Cia Limited
Rayonese Textile Inc., Division de Culp Inc.
Asos
Lenzing Aktiengesellschaft
G-Star Raw C.V.
Guess Europe Sagl,
Brandix Lanka Limited
Seasalt Limited
Vardhman Textile Ltd
Walmart
Hirdaramani International Export Private Limited
BIMBA ;& LOLA SL
Desigual - ABASIC, S.A.
Splash

January 2022

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search