Gov’t Approved two Investment projects worth US$ 10.4m in Kandal province

The Council for the Development of Cambodia (CDC) has recently approved two investment projects worth a total of US$10.4 million in Kandal Province and Phnom Penh, according to a statement released on the CDC website on 24 April 2023.

The first investment project, “FITLY APPAREL CO., LTD,” will invest US$5.3 million in establishing a garment factory located in Ang Keo Village, Sangkat Choam Chao III, Khan Por Senchey, Phnom Penh.

The second investment project, “WH PACKAGING CO., LTD,” will invest US$5.1 million in establishing a packaging factory located on National Road 6, Chroy Metrey Krom Village, Russey Chroy Commune, Muk Kampoul District, Kandal Province.

These factories are expected to provide job opportunities for local residents and contribute to the growth and development of Cambodia’s economy. The approval of these investments demonstrates Cambodia’s commitment to promoting foreign investment and developing its industrial sector.

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