Four New Factories Worth Nearly US$26m Set to Catalyse Growth in Kampong Speu & Takeo Provinces

Four New Factories Worth Nearly US$26m Set to Catalyse Growth in Kampong Speu & Takeo Provinces

The Council for the Development of Cambodia (CDC), has given the green light to four forward-thinking companies, marking a significant infusion of nearly US$26 million in investments. These strategic initiatives are poised to create 5,613 job opportunities, benefiting residents in Kandal, Kampong Speu, and the capital city of Phnom Penh.

The CDC announcement, made on 11 October 2023, serves as a beacon of economic optimism, underlining Cambodia’s continued attractiveness to investors.

The companies investing are:

  1. JINZHENG HOME DECORATION (CAMBODIA) CO., LTD: With an investment of US$8.9 million, this company is set to construct a factory in Trapeang Pring village, Popel commune, Tram Kak district, Takeo province. Their specialization lies in the production of lamps, electronics, spare parts, and electrical equipment, crafted from plastic, acrylic, and crystal, offering employment to 1,240 individuals.
  2. BESWIN FASHION (CAMBODIA) CO., LTD: A significant investment of US$5.9 million will establish a garment factory in Prey Popay village, Tuol Ampil commune, Bor Seth district, Kampong Speu province. Their expertise lies in the manufacturing of pillowcases, mattresses, blankets, and curtains, and this venture is expected to create 2,636 jobs.
  3. PET NEW MATERIALS (CAMBODIA) CO., LTD: A substantial investment of US$5.8 million will lead to the establishment of a factory producing solar panels in Prey Pong village, Sambo commune, Samrong Tong district, Kampong Speu province. This endeavor will provide employment for 151 individuals.
  4. MAXWILL GARMENT (CAMBODIA) CO., LTD: With an investment of US$5.3 million, this company is set to establish a garment factory located in Lot 1, Buildings 2 and 4, National Road 4, Vall Sor village, Vall Sor commune, Samrong Tong district, Kampong Speu province. This venture is expected to create job opportunities for 1,586 individuals.
- Video Advertisement -

Related Post

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

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

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

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 […]

Cambodia Sees Surge in Investment: 231 New Projects Worth USD 3.4 Billion Approved in Early 2025

Cambodia Sees Surge in Investment: 231 New Projects Worth USD 3.4 Billion Approved in Early 2025

  • 8 May 2025

In an encouraging start to 2025, Cambodia has demonstrated robust economic growth, with the Council for the Development of Cambodia approving 231 new investment projects in the first four months, totaling an impressive USD 3.4 billion. This marks a significant increase of 34% in investment capital compared to the same period last year. The latest […]

Taiwanese Tech Giant ADATA Expresses Interest in Investing in Cambodia’s Technology Sector

Taiwanese Tech Giant ADATA Expresses Interest in Investing in Cambodia’s Technology Sector

  • 1 May 2025

In a significant development for Cambodia’s tech landscape, ADATA Technology Co., Ltd., a leading Taiwanese technology company, has officially expressed its interest in investing in the country’s advanced technology sector. This announcement came during a meeting between Cambodian Prime Minister Hun Manet and ADATA Chairman CHEN Simon held on April 30, 2025. During their discussion, […]

Significant Economic Growth in Cambodia as of Early 2025

Significant Economic Growth in Cambodia as of Early 2025

  • 30 April 2025

In a promising development for Cambodia’s economy, the country witnessed an impressive increase in enterprises during the first quarter of 2025. The total number of registered businesses and establishments reached 45,255, adding 457 new enterprises compared to the previous quarter. This growth is further accompanied by a significant boost in employment, with the workforce now […]