Council for the Development of Cambodia (CDC) has endorsed four new investment projects with a total capital of US$17 million in Kandal and Preah Sihanouk provinces.

According to the council’s press release made public this afternoon, the newly approved projects belong to R.G. Footwear (Cambodia) Co., Ltd., Xing Gang Wood Industry (Cambodia) Co., Ltd., Zhejiang Jeni Furniture Co., Ltd., and FF.LL (Cambodia) Co., Ltd.

The four companies will invest in the production of footwear, furniture, wood accessories, sofa, and all kinds of packaging materials, the same source pointed out.

The newly-approved investment projects are expected to create some 2,800 jobs for the locals, added the press release.

Source: Agency Kampuchea Press