CDC Approves 11 Investment Projects Worth US$57.9m in Four Provinces

8 February 2023
Local News
3764 Views

The Council for the Development of Cambodia (CDC) has given permits to 11 private firms to invest a total of US$57.8 million in establishing 11 factories in Kandal, Kampong Speu, Sihanoukville and Phnom Penh.

“ONTIME INDUSTRIAL CO., LTD.” will invest US$9 million to establish a metal furniture assembly plant in the Cambodian Special Economic Zone, Cheang Gorji, Sihanoukville province.

“TIENS TEXTILE (CAMBODIA) CO., LTD” will invest US$6.4 million to establish a garment and textile factory in the house, located at Plot 1, National Road 41, Daun Keo village, Sendey commune, Samrong Tong district, Kampong Speu province.

“ALL WIN SHOES (CAMBODIA) CO., LTD” will invest US$6.4 million to establish a shoe factory in Rong Ko village, Samrong Tong commune, Samrong Tong district, Kampong Speu province.

“PRECISION GARMENT & BAG INDUSTRIES CO., LTD” will invest US$5.8 million to establish a factory to produce bags, garments, garments, cards, masks and accessories located in Trav village, Toek Laak commune Kong Pisey district, Kampong Speu province.

“JUNGKWANG EVERGREEN GARMENT CO., LTD” will invest US$5.5 million to establish a garment factory with an investment location on Street 224, Trapeang Thleung 4 village, Sangkat Choam Chao I, Khan Por Senchey, Phnom Penh.

“FUNDAY GARMENT CO., LTD” will invest US$5.5 million to establish a garment factory located on National Road 4, Ang Snuol I village, Peuk commune, Ang Snuol district, Kandal province.

“HANWANGDA BAGS (CAMBODIA) CO., LTD” will invest US$5.4 million to establish a factory to produce all kinds of bags located in Sleng village, Moha Saing commune, Phnom Sruoch district, Kampong Speu province.

“EVERICH OUTDOOR PRODUCTS (CAMBODIA) CO., LTD” will invest US$5.2 million to establish a factory to produce bags, located in Tuol Thnong village, Preah Nipvan commune, Kong Pisey district, Kampong Speu province.

“BRIGHT LUCKY ENTERPRISE (CAMBODIA) CO., LTD” will invest US$5.1 million to establish a shoe accessories factory located in Ang Takov village, Sangkat Kork Roka, Khan Prek Pnov, Phnom Penh.

“THREE-COLOR STONE STATIONERY (CAMBODIA) CO., LTD.” will invest US$3 million to establish a stationery factory (Chrono filing) in the special economic zone of Sihanoukville, Sihanoukville province.

“HESTRA (CAMBODIA) CO., LTD.”will invest US$600k to establish a factory for the production of sports equipment made of leather and fabric, located in the Special Economic Zone of the Royal Group Phnom Penh, Phnom Penh.

According to the Council for the Development of Cambodia (CDC), the eleven new projects will create 12,710 jobs.

- Video Advertisement -

Projects Development

Samdech Techo Donates Land to Build Dormitories for Poor Female Students

5 June 2025

In a significant move to support education and empower women, Samdech Techo Hun Sen announced a generous donation of 2 hectares of land valued at over USD 10 million. This land will be used to construct dormitories for underprivileged female students who have come to Phnom Penh to pursue their studies. This initiative was revealed […]

Cambodia Welcomes 12 New Investment Projects Boosting Industry and Energy Sectors

2 June 2025

Cambodia is set to enhance its economic landscape with the approval of 12 new investment projects, collectively valued at USD155 million, specifically targeting the industry and energy sectors. This significant development was confirmed during a one-stop meeting chaired by His Excellency Chea Vuthy, Secretary-General of the Committee for Investment of Cambodia. These projects are not […]

Chinese Investors Eye Opportunities in Cambodia’s Booming Economy

28 May 2025

In a significant move to strengthen economic ties, approximately 40 Chinese companies convened with representatives from the Cambodian Chamber of Commerce to explore promising investment opportunities across various sectors in Cambodia. The meeting was spearheaded by Oknha Banthi Vinh Hour, Vice President of the Cambodian Chamber of Commerce, and Ji Lin, President of the China […]

Japan Plans to Establish Rural Special Economic Zones to Boost Cambodian Agriculture

22 May 2025

In a significant move to enhance Cambodia’s agricultural sector, the Japan Development Institute Ltd. (JDI) has unveiled plans to establish rural special economic zones in the country. This initiative was highlighted during a meeting on May 19, 2025, between Mr. Heng Ratana, CEO of the Cambodian Mine Action Centre (CMAC), and Dr. Shoichi Kobayashi, an […]

Kampong Speu Province Welcomes New Cement Giant: Factory Inaugurated with Investment Over USD250 Million

20 May 2025

Kampong Speu Province is set to bolster its industrial landscape with the recent inauguration of a large-scale cement factory, officially opened on May 20, 2025, under the leadership of Prime Minister Hun Manet. The factory, located in Oral District, represents a significant investment of over USD 250 million by Conch KT Cement Company, marking […]

Investment Surge in Cambodia: 13 New Projects Proposed

13 May 2025

In a promising development for Cambodia’s economy, a group of investors has submitted applications for 13 qualified investment projects, boasting a combined capital of USD 318 million. The Council for the Development of Cambodia has commenced a thorough evaluation of these proposals, signaling a potential boost to the nation’s industrial landscape. During a meeting held […]