A Big Agro-Industrial Farm to Appear in Kampot Province
AKP Phnom Penh, May 25, 2020 —
Council for the Development of Cambodia (CDC) has approved a new project to establish a large agro-industrial farm in Preah Monivong National Park (Bokor) located in Chum Kiri and Teuk Chhou districts of Kampot province.
According to a CDC’s press release made public this morning, with a capital of US$21.7 million, the newly approved project is invested by Virtus Green Plantations (Cambodia) Pte. Ltd.
The new investment project is expected to generate 2,070 jobs for local people, the same source added.
Such investment amid COVID-19 outbreak demonstrates confidence of foreign investors in Cambodia’s macroeconomic, political and social stability though threatened by the pandemic.
By Phal Sophanith