CDC Approves 12 New Investment Projects worth US$66.6 Million

date_range 02-Nov-2023
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Phnom Penh, November 01, 2023 --

The Council for the Development of Cambodia (CDC) has granted licences to twelve more investment projects with a total capital of US$66.6 million.

According to a CDC’s press release issued yesterday, the newly approved projects belong to twelve different companies. Seven of the projects are located in Kampong Speu province, while the rest in the provinces of Svay Rieng, Kandal and Takeo, and Phnom Penh capital.

The new investment projects cover the manufacturing of sports equipment, clothes, footwear, animal feed, light bulbs, paints, bags, and so on, the CDC said.

They will generate a total of some 12,610 jobs for the locals, the same source pointed out.