Four Investment Projects Worth US$17million Approved for Kandal & Sihanoukville

• 22 August 2022
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The Council for the Development of Cambodia (CDC) has given permission to private firms to invest US$17 million in building four factories in Kandal and Sihanoukville.

The first firm is R.G. FOOTWEAR (CAMBODIA) CO., LTD, which will invest US$ 5.6 million to establish a shoe factory in Andong village, Ang Snoul district, Kandal province.

The second firm is Xing Gang Wood Industry (Cambodia) Co., Ltd, which will invest US$3.9 million to establish a furniture and wood accessories factory in the Cambodian Special Economic Zone, Sihanoukville.

The third firm is Zhejiang Jeni Furniture Co., Ltd, which will invest US$1 million to establish a sofa and upholstery factory in the Cambodian Special Economic Zone, Sihanoukville.

The fourth firm is FF.LL (Cambodia) Co., Ltd, will invest US$6.5 million to establish a packaging material factory in the special economic zone, Sihanoukville.

According to CDC, these four new projects will create 2,808 jobs for local people.

• Projects Development