Government approves US$22 million for Special Economic Zone projects

• 18 October 2019
• Local News
• 4158 Views

The Council for the Development of Cambodia (CDC) announced on its Facebook page on 16 October of its approval of several projects, including four projects related to the construction industry, with investment capital worth more than US$22 million and creating 1958 jobs in the Sihanoukville Special Economic Zone (SEZ).

One project is a furniture factory for FPZ Furniture (Cambodia) Co., Ltd, using an investment capital of US$15 million. Located in the Special Economic Zone, the project will create 1,225 jobs.

Zhejiang Hengsen Furniture Co., Ltd will also build a furniture factory located in the Special Economic Zone using investment capital of US$1.5 million and will create 666 jobs.

Great Cabinets (CAMBODIA) Co., Ltd. will establish a kitchen cabinet manufacturing facility in the Sihanoukville Special Economic Zone using investment of US$3 million and creating 45 jobs.

Gold Sail (Cambodia) Building Materials Manufacturing Co., Ltd will set up an aluminium door and window manufacturing plant located in the Sihanoukville Special Economic Zone using US$3 million investment and creating 22 jobs.

• Projects Development
• Economy and Finance