Seven Investment Projects Worth US$174 Million Approved

AKP Phnom Penh, April 02, 2020 —

The Council for the Development of Cambodia (CDC) has approved seven new investment projects with a total investment capital of over US$174 million.

According to Council’s statement released yesterday, the newly approved projects are expected to create 3,325 jobs for the locals.

The seven projects cover the production of shoes, solar panels, car tires, all forms of wires and cables, the construction of a data centre, and so on, it pointed out.

The newly approved projects belong to seven different companies located in the provinces of Pursat, Kampong Cham, Kampong Speu and Pursat and in the capital of Phnom Penh, added the same source.

By Phal Sophanith