CDC Approves Two Major Projects Worth US$14.3million in Kampong Speu & Kandal Provinces

The Council for the Development of Cambodia (CDC) has approved private investment of US$14.3 million to build two factories in Kampong Speu and Kandal provinces.

  1. MILANNA LEATHERWARE M.F.Y (CAMBODIA) Co is investing US$9.2 million to establish a factory producing belts and bags in Krabei Tram village, Chung Ruk commune, Kong Pisey district, Kampong Speu province.
  2. BEST BEAUTY COMPANY LIMITED is investing US$5.1 million to establish a garment factory in Prek Tapring Village, Sangkat Sitbo, Takhmao city, Kandal province.

According to the Council for the Development of Cambodia (CDC), these two new projects will create 3,650 jobs for the locals.

 

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