Four new investment projects worth in total US$15.8 million have been approved, according to a press release of the Council for the Development of Cambodia (CDC) issued this morning.

The newly-approved projects are expected to generate nearly 5,800 jobs for the locals, said the same source.

Located in Kandal, Kampong Speu, and Takeo provinces, the four investment projects will cover the production of clothes, shoes and all kinds of bags, it added.

Such investment demonstrates confidence of investors in Cambodia’s macroeconomic, political and social stability as the country is recovering from the COVID-19 pandemic.

Source: Agency Kampuchea Press