Cambodia: Three more investment projects worth over $17 million approved

• Feb 24, 2023

The Council for the Development of Cambodia (CDC) has approved three new investment projects with a total capital of $17.6 million.

The new projects belong to Pengjiao (Cambodia) Industrial Co., Ltd., Zhong Shan Teng Fei (Cambodia) Packaging Material Co., Ltd., and SSH CB Sustainable Fashion Co., Ltd., the CDC said in a press release issued yesterday.

The three companies will invest in the creation of garment and packaging material factories in Takeo and Kampong Speu provinces, it pointed out.

A total 6,480 jobs are expected to be generated for the locals by the three newly approved projects, the press release added. AKP-Phal Sophanith