A US$2.8 million imported leather and wood factory will be built in Put Sar commune, Bati district of Takeo province, creating 208 jobs for the locals.
The information was shared by the Council for the Development of Cambodia (CDC) in a recent press release following its approval of the investment project.
The factory is the investment of Kinway (Cambodia) Intelligent Home Furnishing Manufacturer Co., Ltd.
Such investment amid COVID-19 outbreak demonstrates confidence of investors in Cambodia’s macroeconomic, political and social stability though threatened by the pandemic.
Source: Agency Kampuchea Press