Major Textile Industrial Park Construction Launched in Kampong Speu

• 12 November 2024
• Local News
• 328 Views

A groundbreaking ceremony was held on Nov 8^th, 2024 for a large green textile industrial park spanning 500 hectares in Chheu Neang village, Taing Sya commune, Phnom Sruoch district. The event was attended by HE Heng Sour, Minister of Labor and Vocational Training, HE Dr. Cheam Chansophoan, Governor of Kampong Speu Province, and Mr. John Yu, Chairman of Golden Integrity International Investment Group.

The new industrial park is set to significantly bolster Cambodia’s economy by establishing the country as a key production centre and supply hub for the printing, dyeing, and electroplating industries in the ASEAN region.

HE Heng Sour emphasized the project’s importance, highlighting its potential to create between 50,000 and 60,000 new jobs for residents. This aligns with the Cambodian Government’s commitment to enhancing the skill sets and employment opportunities for Cambodians, ultimately improving the livelihoods of local families.

At the ceremony, a Memorandum of Understanding was signed between the Polytechnic Institute of Cambodia in Kampong Speu and the Yu Jianqing Charity Organization for Education. This agreement aims to elevate educational quality, enhance staff capacities, and support local students with training and resources.

The ambitious initiative promises to yield long-lasting benefits for the local economy and empower communities. Stay tuned for further updates on this significant development.

• Projects Development
• Road and Infrastructure