Gov’t Approves Two Investment Projects Worth $US6M in Takeo and Kampong Speu

• 20 May 2022
• Local News
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The Council for the Development of Cambodia (CDC) on May 20, 2022, approved a private company to invest in a total of 6.1 million US dollars in the construction of two factories in Kampong Speu and Takeo provinces.

According to the investment request of the company, the Investment Committee of Cambodia of the Council for the Development of Cambodia decided to issue the investment project registration certificate to the following companies:

1. SANJIN (CAMBODIA) KNITTING TECHNOLOGY CO., LTD is a project to establish a garment and sewing factory, which is located in Prey Phny Village, Prey Pdao Commune, Prey Kabbas District, Takeo Province, with an investment of approximately US $ 3.8 million.

2. HAO TIAN MAKE CLOTHES ASSIST MATERIAL CO., LTD. The project is to establish a factory to weave ropes, cords, and yarns, which is located in Prey Khvav village, Rokar Koh commune, Kong Pisey district, Kampong Speu province, with an investment capital of about 2.3 million US dollars.

According to the Council for the Development of Cambodia (CDC), the two new projects will create 1,399 jobs.

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