Tow More Investment Projects Approved
The Council for the Development of Cambodia (CDC) has approved two new investment projects with a total capital of US$8.5 million.
According to a CDC’s press release, Sen Wang Ying New Material Co., Ltd., to be located in Samrong Torng district of Kampong Speu province, will invest US$4.1 million for the production of shoe accessories.
Gianni Vince Bags (Cambodia) Co., Ltd. will inject US$4.4 million for the productions of all kinds of bags and accessories in Ang Snuol district of Kandal province.
The two projects are expected to create 1,574 jobs for locals, it added.