Cambodia approves 9 investment projects with investment of over $43 million
Como Apparel will establish a garment factory in Ampil village in Phnom Penh with an investment of $14.7 million. Leona (Cambodia) will set up a factory in the village of Keo Udom in the province of Kampong Speu to produce bags and suitcases with an investment of 5.8 million dollars.
Sincere Season (Cambodia) Garment will establish a garment factory in Boeung Kaek village, Kandal province, with an investment of $5.6 million. Powerful Riches Garment (Cambodia) will set up a garment factory in Phsar Dek Leu village in Kandal with an investment of $5 million, Cambodian media reported.
The Council for the Development of Cambodia (CDC) recently approved nine investment projects with a total capital of more than 43 million dollars and can create jobs for more than 10,000 people. The projects relate to clothing, bags and suitcases, cardboard and plastic articles and PET materials. The CDC has issued an investment project registration certificate to enterprises.
Green Bag (Cambodia) and Global Supply Redwood will establish factories to produce bags in Fong Chros village of Kampong Speu province and Trach village of Kampong Speu province with investments of 5 million dollars and 3 million dollars respectively.
Inkyung Wondang Apparel will set up a garment factory in Damnak village in Phnom Penh with an investment of $3 million.
Cambodian Shenghong Packaging will build a cardboard and plastic products factory in the Special Economic Zone (SEZ) of Sihanoukville with an investment of $680,000. Best-Run Technology (Cambodia) will set up a PET material factory in Sihanoukville SEZ with an investment of $500,000.
Fibre2Fashion (DS) News Desk