CDC Approves Four Investment Projects Worth Over US$13M in PP, Kandal, Kampong Speu & Takeo

The Council for the Development of Cambodia (CDC) has given permits to 4 private firms to invest in 4 projects worth US$13.9 million in Phnom Penh, Kandal, Kampong Speu and Takeo.

The first company is GLORY LIGHT (CAMBODIA) INTERNATIONAL CO., LTD., investing US$3.2 million in building a factory to produce kitchen and office materials (made of cloth and paper) in Phnom Penh.

The second company is J TEX GARMENT CO., LTD., investing US$3.9 million to establish a garment factory in Kampong Speu.

The third company is SELLY FASHION GARMENT FACTORY CO., LTD., which is investing US$3.5 million to establish a garment factory in Kandal.

The fourth company is SZ GOLDEN WAY TEXTILE (CAMBODIA) CO., LTD., which is investing US$3.3 million to establish a garment factory in Takeo.

According to the CDC, these projects will help create up to 2874 jobs for local people.

 

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