Five Investment Projects Worth US$29.2m Approved for Svay Rieng, Takeo and PP

• 12 October 2022
• Local News
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The Council for the Development of Cambodia (CDC) has issued registration certificates for five investment projects with a total capital of US$29.2m to establish five factories in Svay Rieng, Takeo, and Phnom Penh.

These private companies include:

The first firm is “GORGEOUS LIGHTS CO., LTD”, which will invest US$8.1m to establish a factory to produce lamps, lamps, and lamp accessories, located in Prek Top village, Svay Chrum commune, Svay Chrum district, Svay Rieng province.

The second firm is “JT ELECTRONICS CO., LTD”, which will invest US$5.4m to establish a factory to produce electronic products, lamps, and lighting components, located in Prek Top village, Svay Chrum commune, Svay Chrum district, Svay Rieng province.

The third firm is “LINGBENYANG OPTOELECTRONICS (CAMBODIA) CO., LTD” which will establish a factory to assemble light bulbs, electronics, and electronic parts, located in Champol village, Popel commune, Tram Kak district, Takeo province with an investment capital of approximately US$5.2 million and can create 1,033 jobs.

The fourth firm is “YI ZHOU HONG RI (CAMBODIA) CO., LTD” which will invest US$5.1m to establish a garment factory located in Moul village, Sangkat Dangkor, Khan Dangkor, Phnom Penh.

The fifth firm is “FORESTSTAR TREE INDUSTRIAL (CAMBODIA) CO., LTD.” which will invest US$5.4m to establish a factory to produce Christmas trees, lights, Christmas trees, and materials for decorating Christmas trees and souvenirs, located in the investment zone of Hai Pak Special Economic Zone, Svay Rieng province.

According to the Council for the Development of Cambodia (CDC), the five new projects will create 4,561 jobs.

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