The Council for the Development of Cambodia (CDC) has approved three new investment projects with a total capital of US$17.6 million.
The new projects belong to Pengjiao (Cambodia) Industrial Co., Ltd., Zhong Shan Teng Fei (Cambodia) Packaging Material Co., Ltd., and SSH CB Sustainable Fashion Co., Ltd., the CDC said in a press release issued yesterday.
The three companies will invest in the creation of garment and packaging material factories in Takeo and Kampong Speu provinces, it pointed out.
A total 6,480 jobs are expected to be generated for the locals by the three newly approved projects, the press release added.
Source: Agency Kampuchea Press