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Cambodia's CDC approves garment factory investment

06 Jan '21
1 min read
Pic: Shutterstock
Pic: Shutterstock

The Council for the Development of Cambodia (CDC) recently approved an investment project with a total capital of $6.6 million in the Kandal province. Under this, Jiayuan Hengrun International Textile Co Ltd will build a garment factory in Sangkat Svay Rolum in Takhmao town. It is expected to create 1,929 jobs, CDC said in a press release.

Since early December 2019, CDC has approved to 16 investment projects, including the new one, with a total capital of nearly $1.16 billion, generating some 9,000 job opportunities, a news agency reported citing the press release.

ALCHEMPro News Desk (DS)

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