New US$5.7-million Investment Project Approved for Kampong Speu Province

The Council for the Development of Cambodia (CDC) has given a permit to Red Mars Garment (Cambodia) Co., Ltd to establish a new garment factory in Kampong Speu province

According to an announcement by the CDC issued on 17 March, this project has an investment capital of $US5.7 million, located in Romduol village, Trapeang Kong commune, Samrong Tong district, Kampong Speu province.

The factory will be able to create 1,648 jobs for locals when it operates.

In the first two months of 2022, from January to February, the CDC approved a total of 37 investment projects with a total investment of nearly US$2.4 billion.

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