Taiwan-based Winsun Group has established a subsidiary factory in Cambodia � Winsun (Cambodia) Co., Ltd. � producing baby diaper and lady sanitary pad, in Phnom Penh's Special Economic Zone.
According to Mr. Tai Chao Rong, Chairman of the Board of Directors of Winsun (Cambodia) Co., Ltd., as quoted by local media, with the start of its operation, the factory is creating between 300 and 500 jobs for the locals.
The manufacturer, he continued, has US$12 million as initial investment capital and will add another US$10 million in the next five year.
He attributed the company's decision to invest in Cambodia to the country's strong potential for the business.
The existence of factory will diversify domestic supply, reduce imports and contribute to promoting national economic growth.
Source: Agency Kampuchea Press