Gov’t Greenlights 7 New Factories Worth US$40.8 Million in Kandal, Kampong Speu & Phnom Penh

Gov’t Greenlights 7 New Factories Worth US$40.8 Million in Kandal, Kampong Speu & Phnom Penh

In a resounding endorsement of Cambodia’s economic prospects, the Council for the Development of Cambodia (CDC), has recently given its approval to seven companies to establish cutting-edge factories with an impressive combined investment of US$40.8 million. These strategic endeavors are set to create over 11,000 job opportunities for residents in Kandal, Kampong Speu, and Phnom Penh.

The official CDC announcement on 11 October 2023, revealed these forward-looking companies:

  1. DISHANG RUIHUASHENG (CAMBODIA) GARMENTS CO., LTD. will allocate US$7.5 million for the creation of a garment factory in Ta Lek village, Trapeang Veng commune, Kandal Steung district, Kandal province. This endeavor promises to generate 1,358 jobs.
  2. EVERGREEN SPORTING GOODS (CAMBODIA) CO., LTD. is set to invest US$7 million in establishing a versatile bag factory, strategically located on National Road 4, Pong Teuk village, Damnak Ampil commune, Ang Snoul district, Kandal province. This initiative is anticipated to provide 2,160 job opportunities.
  3. KJ APPAREL (CAMBODIA) CO., LTD. will channel US$5.6 million into the establishment of a garment factory. Positioned on National Road 4, Block C, Trapeang Krasaing village, Bek Chan commune, Ang Snoul district, Kandal province, this venture is expected to offer 1,208 job opportunities.
  4. ASTI KNITWEAR CO., LTD. will invest US$5.2 million in a factory specializing in knitwear. Located at Building K9, National Road 4, Sangkum Cheat village, Trapeang Kong commune, Samrong Tong district, Kampong Speu province, this project aspires to generate 1,770 jobs.
  5. IMAGE GARMENTS (CAMBODIA) CO., LTD. has earmarked US$5.2 million for the establishment of a garment factory. Situated in Cana City Industrial Park, Building 35 and D37, Veng Sreng Road, Trapeang Thleung village, Sangkat Choam Chao I, Khan Por Senchey, Phnom Penh, this project foresees the creation of 645 employment positions.
  6. STANDFORD TEXTILE INDUSTRIES CO., LTD. is set to invest US$5.2 million in a factory producing bags, ribbons, ropes, safety belts, and pet safety belts. Located at 27km, National Road 3, Kraing Trea village, Preah Nipvan commune, Kong Pisey district, Kampong Speu province, this project will result in 758 job opportunities.
  7. SIRIUS GEAR OUTDOOR PRODUCTS (CAMBODIA) COMPANY LIMITED is embarking on a project to establish a factory producing bags, travel equipment, chairs (metal-fabric), tents, car accessories, and pet supplies. Positioned in Prey Chamkar village, Lumhach commune, Ang Snoul district, Kandal province, this venture is projected to create 2,208 jobs.
- Video Advertisement -

Related Post

Cambodia to Construct Four New International Border Crossings to Enhance Connectivity

Cambodia to Construct Four New International Border Crossings to Enhance Connectivity

  • 12 March 2025

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

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

  • 11 March 2025

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

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

  • 8 March 2025

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

Cambodia to Construct New Kok Thlak Stadium in Kandal Province

  • 5 March 2025

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

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

  • 4 March 2025

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

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

  • 3 March 2025

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 […]