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Cambodia's CDC approves 3 projects worth over $14 mn
23 Oct '22
1 min read
Pic: Shutterstock
The Council for the Development of Cambodia (CDC) recently approved three new investment projects with a total investment of $14.1 million in Kandal and Preah Sihanouk provinces. The projects related to shoe assembly parts, garments and metal processing belong to Cheng Zhen Yong Industry, Xin Jin Hua Garment and Success Metal Technology respectively.
The projects are expected to generate 2,500 jobs, according to Cambodian media reports.
The shoe assembly parts and garment factories will be set up in Kandal province’s Ang Snoul and Kandal Stung districts respectively. The metal processing plant will come up at a special economic zone of Preah Sihanouk province.
Fibre2Fashion News Desk (DS)
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