Groundbreaking of 500-Hectare Green Textile Industrial Park in Kampong Speu to Create Up to 60k Jobs

A groundbreaking ceremony on 8 November 2024 marked the start of a 500-hectare green textile industrial park in Chheu Neang village, Taing Sya commune, Phnom Sruoch district, Kampong Speu province.

Attended by HE Heng Sour, Minister of Labor and Vocational Training, HE Dr Cheam Chansophoan, Governor of Kampong Speu Province, and Mr. John Yu, Chairman of Golden Integrity International Investment Group, this ambitious project aims to establish Cambodia as a central production and supply hub for printing, dyeing, and electroplating industries in the ASEAN region.

HE Heng Sour highlighted the project’s vast potential to generate between 50,000 and 60,000 jobs, aligning with the Cambodian government’s dedication to advancing workforce skills and improving employment opportunities for Cambodians. This project is seen as a significant move to strengthen local livelihoods and support Cambodia’s economic growth.

In conjunction with the groundbreaking, a memorandum of understanding was signed between the Polytechnic Institute of Cambodia in Kampong Speu and the Yu Jianqing Charity Organisation for Education, focusing on enhancing educational quality and staff development and providing local students with vital training and resources.

This partnership aims to empower the community through education, aligning with the project’s broader goal of generating sustainable benefits for Kampong Speu’s economy and its residents.

- Video Advertisement -

Related Post

Cambodia Sees Surge in Investment: 231 New Projects Worth USD 3.4 Billion Approved in Early 2025

In an encouraging start to 2025, Cambodia has demonstrated robust economic growth, with the Council for the Development of Cambodia approving 231 new investment projects in the first four months, totaling an impressive USD 3.4 billion. This marks a significant increase of 34% in investment capital compared to the same period last year. The latest […]

Taiwanese Tech Giant ADATA Expresses Interest in Investing in Cambodia’s Technology Sector

In a significant development for Cambodia’s tech landscape, ADATA Technology Co., Ltd., a leading Taiwanese technology company, has officially expressed its interest in investing in the country’s advanced technology sector. This announcement came during a meeting between Cambodian Prime Minister Hun Manet and ADATA Chairman CHEN Simon held on April 30, 2025. During their discussion, […]

Significant Economic Growth in Cambodia as of Early 2025

In a promising development for Cambodia’s economy, the country witnessed an impressive increase in enterprises during the first quarter of 2025. The total number of registered businesses and establishments reached 45,255, adding 457 new enterprises compared to the previous quarter. This growth is further accompanied by a significant boost in employment, with the workforce now […]

Japan to Develop 50MW Biomass Power Plant in Kampong Speu

Erex Co., Ltd., a prominent Japanese investment firm, has announced plans to construct a 50MW biomass power plant in Kampong Speu province, with construction set to begin in June 2025. The ambitious project aims to bolster the region’s energy supply and provide more affordable electricity for Kampong Speu and neighboring areas. This significant announcement came […]

Groundbreaking for Cambodia’s First Electric Vehicle Assembly Plant in Sihanoukville

BYD Cambodia Co., Ltd., a subsidiary of the renowned BYD Auto Industry, has officially commenced construction of its first electric vehicle (EV) assembly plant in Cambodia. The new facility is strategically located within the Sihanoukville Special Economic Zone. His Excellency Sun Chanthol, Deputy Prime Minister and First Vice Chairman of the Council for the Development […]

DEEM ALMASEAH Sets Sights on Expanding Investments in Cambodia’s Infrastructure

In a significant development for Cambodia’s economic landscape, DEEM ALMASEAH FOR TRADING Co., Ltd has expressed its intent to invest in the country’s burgeoning infrastructure and telecommunications sectors. This commitment was unveiled during a meeting between Prime Minister Hun Sen and Mr. Salem Mubarak Salem Al-Hadhyan, the company’s CEO, on April 25, 2025. Mr. Al-Hadhyan […]