CDC Approved 29 Investment Projects Worth US$910.4 Million Last Month

AKP Phnom Penh, March 05, 2020 —

The Council for the Development of Cambodia (CDC) has approved 29 investment projects with a total investment capital of US$910.4 million.

According to CDC, the approved projects cover areas, including clothing manufacturing, luxury hotel, household appliances, light bulbs, batteries, hospital service, and so on.

The projects belong to 29 different companies and are located in Phnom Penh capital and in the provinces of Kampong Speu, Kampong Chhnang, Takeo, Svay Rieng, Preah Sihanouk, Siem Reap and Kandal.

The move indicates positive sign for Cambodian economy.

By Phal Sophanith