CDC Approves Investment Projects Worth US$18.3 million in PP, K. Speu

• Sommana Yan
• 17 February 2023
• Local News
• 1982 Views

The Council for the Development of Cambodia (CDC) has given permits to two private firms to invest a total of US$18.3 million in establishing two factories in Phnom Penh and Kampong Speu. 

 “LIN WEN CHIH SUNZEAL ENTERPRISES CO., LTD” will invest US$13.2 million to establish a shoe and footwear factory located at Street 44, Taing Sno village, Tumpeas Meas commune, Samrong Tong district, Kampong Speu province. 

 “HUANG THENG PACKAGING CO., LTD” will invest US$5.1 million to establish a factory to produce cardboard and packaging material (stretch film, shrink film, poly bag), located at Lot 639, Kob Srov Thom village, Sangkat Kork Roka, Khan Prek Pnov, Phnom Penh. 

According to the Council for the Development of Cambodia (CDC), the two new projects will create 3,193 jobs. 

• Projects Development