Three New Investment Projects of Nearly US$13 Million Approved

The Council for the Development of Cambodia (CDC) has announced the approval of three new investment projects, generating 2,283 job opportunities for the locals.

According to a CDC’s press release issued this morning, the newly-approved projects with a total investment of US$12.8 million are located in the provinces of Preah Sihanouk, Svay Rieng, and Banteay Meanchey.

Under the three new investment projects, sock, outdoor furniture, and vehicle spare part factories will be created, the source added.

The first project belongs to Juhai Baoshun (Cambodia) Co., Ltd., while the second to Home Terrace Co., Ltd., and the third to Techno Park Poi Pet PVT Co., Ltd., pointed out the same source.

Source: Agence Kampuchea Presse