Four Factories Worth Over US$27 million Approved for SHV & Svay Rieng

The Council for the Development of Cambodia (CDC) recently approved private firms to invest in building four factories, worth approximately US$27 million, in Sihanoukville and Svay Rieng provinces.

The first investment permit has been granted to Honglaite Home Handicraft (Cambodia) Co., Ltd to invest US$5.2 million in building a lighting and curtain factory in the Hi-Park SEZ of Svay Rieng province.

The second is Xin Chen Fu Handicraft & Houseware (Cambodia) Co., Ltd, which will invest US$5.1 million to build a toy and souvenir factory in the Hi-Park SEZ of Svay Rieng province.

The third permit has been given to Jiaway Decor Co., Ltd to invest US$3.1 million to set up a wooden board and furniture factory in Sihanoukville SEZ.

The last one is Leisger (Cambodia) Co., Ltd, which will invest US$13.9 million to build an electric bicycle factory in the Xin Bavet SEZ of Svay Rieng province.

These four investment projects will create over 1115 jobs for Cambodians.

- Video Advertisement -

Related Post

Cambodia to Construct Four New International Border Crossings to Enhance Connectivity

In a significant move to boost regional connectivity, the Cambodian government plans to establish four new international border crossings in Kratie, Takeo, Tboung Khmum, and Ratanakkiri provinces. This decision was announced during a recent meeting chaired by H.E. Peng Po Nea, Minister of Public Works and Transport, held on March 3, 2025. The meeting focused […]

Cambodia Sees Surge in Investment Projects, Approving 112 Initiatives in Two Months

In a notable boost to its economic landscape, Cambodia has approved 112 new investment projects totaling over USD 1 billion in the two months from January to February 2025, according to the latest report from the Council for the Development of Cambodia (CDC). This wave of investment is projected to create more than 70,000 jobs, […]

East Group Announces Plans for Special Economic Zone in Preah Sihanouk Province

Investors from East Group have unveiled their ambitious plans to establish a special economic zone in Preah Sihanouk Province, marking a significant move aimed at boosting local economic development. In a working meeting with HE Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia, East Group representatives […]

Cambodia to Construct New Kok Thlak Stadium in Kandal Province

The Football Federation of Cambodia (FFC) has announced an ambitious plan to construct a new stadium, the Kok Thlak Stadium, along with its headquarters in Kandal Province. The project, which has an estimated cost of USD 4.4 million, underscores the federation’s commitment to enhancing the country’s football infrastructure. In a press release dated March 2, […]

K-Water Eyes Investment in Cambodia’s Water Resource Management

The Korean Water Corporation (K-water) is actively pursuing investment opportunities in Cambodia’s water resource management sector. During a recent meeting with Prime Minister Hun Manet, K-water CEO His Excellency Yun Seogdae emphasized the company’s commitment to collaborating with Cambodian ministries and institutions. The meeting highlighted the need for cooperation to strengthen Cambodia’s water management systems. […]

China has invested nearly USD 300 million to build a glove factory in Svay Rieng Province

Nex Healthcare Co., Ltd., a world-class Chinese company, has invested approximately USD 273 million to officially open a factory for the production of gloves (PVC and rubber) and medical equipment in the Qilu Special Economic Zone, Svay Rieng Province, on March 2, 2025. During the groundbreaking ceremony for the factory, His Excellency Chea Vuthy, Secretary […]