Cambodia: Two investment projects approved by CDC to create hundreds of jobs

• May 10, 2020

The Council for the Development of Cambodia (CDC) has approved two more investment projects which are expected to create almost 687 jobs for the locals.

According to two recent CDC’s separate press releases, with a total investment capital of some $18.7 million, the newly approved projects are by two different companies – Boeung Ket Packaging Factory Co., Ltd. in Kampong Cham province, and KH Paper Mill Co., Ltd. in Phnom Penh capital city.

The new investment projects cover the production of cardboard boxes, the same source added.

Such investments amid COVID-19 outbreak demonstrate confidence of foreign investors in Cambodia’s macroeconomic, political and social stability though threatened by the pandemic. Phal Sophanith/AKP

Source: https://www.khmertimeskh.com/50721539/two-investment-projects-approved-by-cdc-to-create-hundreds-of-jobs/