The Council for the Development of Cambodia (CDC) has approved three new investment projects with a total capital of US$16.5 million in Kampong Speu province and Phnom Penh capital.
According to a recent CDC’s press release, China Ting (Cambodia) Fashion Co., Ltd., Y.T.I (Cambodia) Garment Co., Ltd., and Sky Clothing (Cambodia) Co., Ltd. will invest in the creation of garment factories in Oudong and Samrong Torng districts of Kampong Speu province, and in Khan Meanchey of Phnom Penh capital, respectively.
These newly approved projects are expected to generate some 6,690 jobs for the locals, the press release added.
Source: Agency Kampuchea Press