The Council for the Development of Cambodia (CDC) has given permission to IGTM (Cambodia) Co Ltd to set up a new garment factory, a CDC release said. The new factory will be set up in Sambo village of Dangkor district in the western part of the Phnom Penh municipality at a cost of $2.1 million.The new investment shows confidence of foreign investors in Cambodia's macroeconomic, political and social stability, during the COVID-19 crisis, the CDC said.
The new IGTM factory is likely to provide employment to nearly 400 people, the CDC added.
The Council for the Development of Cambodia (CDC) has given permission to IGTM (Cambodia) Co Ltd to set up a new garment factory, a CDC release said. The new factory will be set up in Sambo village of Dangkor district in the western part of the Phnom Penh municipality at a cost of $2.1 million. It is likely to create nearly 400 employment opportunities.#
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