CDC Approves Four Construction Material Factories Worth Us$35 Million

Sample Photo Credit: Doha Cables

The Council for the Development of Cambodia (CDC) has recently given permits to four firms to invest a total of approximately US$35 million to establish their construction material business in Cambodia, which are expected to generate at least 1,600 jobs.

According to a press release from CDC, the four firms are Fashion Houseware (Cambodia) Co., Ltd, Tubao (Cambodia) Decoration Material Co., Ltd, Zhongqi Lihui Cable Co., Ltd, and Wintime (Cambodia) Co., Ltd.

With an investment of US$10 million, Fashion Houseware (Cambodia) Co., Ltd will be located in the Sihanoukville Special Economy Zone (SSEZ) and manufacture interior decoration materials. Also located in the SSEZ, Tubao (Cambodia) Decoration Material Co., Ltd is investing US$1.5 million to build a panel board factory.

Meanwhile, Zhongqi Lihui Cable Co., Ltd is investing US$20.1 million to build an electric wire and cable factory in the UBE Snoul Special Economy Zone in Kratie Province. Meanwhile Wintime (Cambodia) Co., Ltd is a lighting and interior material factory, which will be located in the Manhattan Special Economic Zone in Svay Rieng Province.

Upon completion, the four companies are expected to boost the construction sector in Cambodia by creating a total of more than 1,600 local jobs.

According to the Cambodia Constructors Association (CCA) General Manager Mr Chiv Sivpheng, the demand for construction materials in Cambodia has been rapidly increasing and is also expected to continue expanding over the coming years.

- Video Advertisement -

Related Post

IKEA Explores Expansion into the Cambodian Market

Swedish furniture giant IKEA is setting its sights on Cambodia as a potential market for expansion. During a recent meeting, HE Chea Wutthy, Secretary General of the Investment Committee of Cambodia, welcomed an IKEA delegation led by Mr. Giafar Safaverdi, CEO of IKEA Southeast Asia, to discuss investment opportunities in the region. In the meeting, […]

Cambodia’s Trade Surges to USD 9.44 Billion in Early 2025

In a promising start to the year, Cambodia’s international trade volume soared to approximately USD 9.44 billion during the first two months of 2025, marking a remarkable 16.3% increase compared to the same period in 2024, according to a recent report from the General Department of Customs and Excise of Cambodia. Export activities also showed […]

Indonesia Commits to Boost Investment in Cambodia as Trade Reaches USD 1 Billion

In a significant diplomatic engagement, His Excellency Santo Damosumato, the Ambassador of the Republic of Indonesia to the Kingdom of Cambodia, expressed his country’s commitment to attracting more investment to Cambodia. This announcement was made during a meeting with Mr. Kuoch Chamroeun, the Governor of Kandal Provincial Council, on March 6, 2025. Ambassador Damosumato’s remarks […]

Strengthening Economic Ties: Cambodia and India Boost Trade Relations

In a move to elevate bilateral trade relations, Cambodia and India have reported a significant increase in their trade volume, now exceeding $340 million. This announcement was made during separate discussions between Samdech Techo Hun Sen, the Acting Head of State of Cambodia, and H.E. Bawitlung Vanlalvawna, the Indian Ambassador to Cambodia, as well as […]

Cambodia-Thailand Trade Relations Soar to New Heights in 2024

In a significant boost to regional trade relations, the trade volume between Cambodia and Thailand reached an impressive USD 10 billion in 2024. This increase, marking a rise from USD 8 billion in the previous year, underscores the strengthening economic ties between the two neighboring countries. During a pivotal meeting on March 11, 2025, Samdech […]

Cambodia and Vietnam Set Ambitious Trade Target of USD 20 Billion

In a significant commitment to enhance economic collaboration, Cambodia and Vietnam have pledged to elevate their bilateral trade to USD 20 billion in the coming years. This agreement was reached during a meeting on February 26, 2025, between Samdech Khuon Sudary, President of the National Assembly of Cambodia, and H.E. Nguyen Minh Vu, the Ambassador […]