Cambodia Receives Significant Investment on Furniture and Construction Materials

• 4 September 2018
• Local News
• 7249 Views

While construction sectors continues to boom in Cambodia, investment in furniture and other construction materials are also increasing.

Indeed, on 3 September the Council for the Development of Cambodia (CDC) had approved the US$10 million investment project from TGH (Cambodia) Industrial Co., Ltd. Located in Sihanoukville Special Economic Zone (SEZ), the investment project is aimed at building a furniture, transportation equipment, as well as other mental utensils factory which will create up to 1,078 jobs for the people.

In fact, the furniture market in Cambodia has grown dramatically with many companies putting huge investment into the business. Most recently is the opening of a huge Chinese-owned commercial market selling variety of furniture and construction materials in Kandal Province. (Read more)

According to the figures from World Trade Organization’s (WTO) TradeMap, Cambodia had imported all kinds of furniture totaling to more than US$1.8 billion in 2017.

• Business and Market
• Economy and Finance