CDC Approves 113 Projects Worth US$2.3 Billion in First Eight Months of 2020

• 8 November 2020
• Local News
• 3463 Views

The Council for the Development of Cambodia (CDC) approved 113 investment projects in the first eight months of this year, 22 projects less compared to the same period last year.

The approved projects have a combined investment value of US$2.3 billion, a 57.1% year-on-year decrease, according to the report of Cambodia economic trends from the Ministry of Economy and Finance.

The report added that those investment projects generated 84,342 jobs, a 51.5 % y-o-y drop.

The ministry said that although the number of investment projects decreased, the investment projects by manufacturers increased by eight projects compared to the same period last year.

• Economy and Finance
• Investment and Funding