CDC approves 2 new garment factories in Cambodia

The two factories will be established at an investment cost of $4.6 million and are collectively expected to create 1,148 jobs in the country, according to Cambodian media reports.

CDC has also approved 3 other factories to produce shoes, bags and accessories. Sparkbags will set up a travel bag factory at an investment cost of $3.3 million in the Kampoul district of the capital, while McBag will invest $3.5 million to set up its bag factory in the Kandal province. Cambodian Qi Ming Xing Jia Ju Yong Pin will establish a shoe and accessory factory in the Prey Nob district of the Preah Sihanouk province at an investment cost of $9.1 million. These three factories will create 2,558 additional jobs, the CDC said.

ALCHEMPro News Desk (KD)