Eight Investment Projects Worth US$89m Approved for Kep, Kandal, K. Speu, K. Cham and PP

30 September 2022
Local News
2049 Views

The Council for the Development of Cambodia (CDC) has decided to issue a registration certificate for eight investment projects with a total capital of US$ 89m to build two hospitals, Develop Koh Tbal Island, and establish five factories in Kep, Kandal, Kampong Speu, Kampong Cham and Phnom Penh.

These private companies include:

The first firm is ORIENDA INTERNATIONAL HOSPITAL CO., LTD which will invest US$21m to build an International Hospital Construction, located at Duong Ngiep 2 Street, Damnak Thom 3 Village, Sangkat Steung Meanchey III, Khan Meanchey, Phnom Penh.

The second firm is NEW WORLD HEART & VASCULAR HOSPITAL CO., LTD which will invest US$20m in a Cardiovascular Hospital, located on Street 1934, Oknha Veang Village, Sangkat Phnom Penh Thmey, Khan Sen Sok, Phnom Penh.

The third firm is TRY PHEAP KOH TUNSAY RESORTS CO., LTD which will invest US$17m to develop Koh Tbal Island, located in Kep Village, Sangkat Kep, Kep City, Kep Province.

The fourth firm is GLOBAL PASS BIOTECHNOLOGY CO., LTD which will invest US$7.2m to establish a food processing factory located in Prek Dong village, Kampong Svay commune, Kien Svay district, Kandal province.

The fifth firm is YURA HARNESS (CAMBODIA) CO., LTD which will invest US$6.8m to establish a factory to assemble electrical wiring, located in Tuol Thnong Village, Sangkat Rokar Thom, Chbar Morn City, Kampong Speu province.

The sixth firm is RISE STEADY FOOTWEAR MATERIAL (CAMBODIA) CO., LTD which will invest US$6.5m to establish a shoe accessories factory located in Ta Sen village, Sotip commune, Cheung Prey district, Kampong Cham province.

The seventh firm is TWHQ GARMENTS CO., LTD which will invest US$5.4 to establish a garment factory located on National Road 8, Vihear Sour Cheung Village, Vihear Sour Commune, Khsach Kandal District, Kandal Province.

The eighth firm is COBEST (CAMBODIA) FIRST GARMENT CO., LTD which will invest US$5.1m to establish a garment factory located in Trapeang Toul village, Sangkat Kampoul, Khan Kampoul, Phnom Penh.

According to the Council for the Development of Cambodia (CDC), the eight new projects will create 5,433 jobs.

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