CDC approves construction equipment factory project worth US$1 million

• 27 April 2020
• Local News
• 3918 Views

The Cambodian government, through the Council for the Development of Cambodia (CDC), has recently approved Mountain Moon Millwork Co., Ltd’s US$1 million investment proposal to build a construction equipment factory in Sihanoukville province.

The Mountain Moon Millwork company is developing this furniture production factory to supply construction materials for the Cambodian market especially in Sihanoukville. Those products include frame doors and windows, plywood panels, and ornaments made of plywood.

The construction site will be located in Sihanoukville’s Special Economic Zone. According to a CDC press release on 25 April 2020, the project will generate 430 jobs for people in Sihanoukville.

Such an investment amid the COVID-19 outbreak demonstrates the confidence of foreign investors in Cambodia’s macroeconomic, political, and social stability despite the threat presented by the pandemic.

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