Three More Private Companies Licensed

Royal Government of Cambodia has granted licences to other three private companies to operate in the country.

The update has been shared recently by the Council for the Development of Cambodia (CDC), adding that the total investment capital of the newly licensed firms are over US$311 million.

They are manufacturer of local recycled-solid wastes (vehicles, electronic devices and industrial and metal wastes), and producers of carton boxes, furniture, transportation equipment and metal-made tools.

Those firms include Miner Va Investment Co., Ltd., Saisite Packaging (Cambodia) and TGH (Cambodia) industrial basing in Preah Sihanouk province.

The investment projects are expected to create 545 jobs for the locals.

Source: Agency Kampuchea Press