JKD Packaging Co. LTD Receives Approval for $5.3 Million Manufacturing Investment in Cambodia

• Sommana Yan
• 11 April 2023
• Local News
• 2469 Views

The manufacturing sector in Cambodia is set to receive a boost with the recent approval of a new investment project by the Council for the Development of Cambodia (CDC). JKD PACKAGING CO., LTD has been given the green light to establish a factory for the production of cardboard boxes and packaging materials, located on Lum Road, Bek Bok Village, Sangkat Kork Roka, Khan Prek Pnov, Phnom Penh, with an investment capital of approximately $5.3 million.

According to the CDC, this project is expected to create 300 new job opportunities for the people of Cambodia. This new investment highlights the potential growth of the country’s manufacturing sector, which could lead to an increase in economic development and prosperity.

This new project is a positive sign for Cambodia’s economy and a testament to the country’s continued efforts to attract foreign investment. With the government’s support and commitment to creating a business-friendly environment, more companies may follow suit in investing in the country’s manufacturing sector.

The project is expected to commence soon and will provide a significant boost to the economy and the lives of those employed by the new factory.

 

• Projects Development