CDC Approves 4 Investment Projects in Early January

Early this year, four new investment projects worth in total US$17.2 million have been approved by the Council for the Development of Cambodia (CDC).

According to a press release of CDC, the approved investment projects include Sun Awesome Garment Co., Ltd. in Prey Chhor district of Kampong Cham province; Famous Leatherware (Cambodia) Co., Ltd. in Khan Meanchey, Phnom Penh; Xin Hak Muy Make Clothes Assist Material Co., Ltd. in Khan Dangkor, Phnom Penh; and Kimbao Bag Industry Co., Ltd. in Ang Snuol district of Kandal province.

The four investment projects, covering the production of clothes, bags, yarn, elastic bands and sewing threads and so on, will provide nearly 1,500 jobs for the locals, pointed out the same source.

Source: Agency Kampuchea Press