New Garment Factory to Open in Phnom Penh
AKP Phnom Penh, July 01, 2020 —
Council for the Development of Cambodia (CDC) has approved an investment project to establish a garment factory in Phnom Penh.
According to a CDC press release issued yesterday, with an investment capital of US$3.2 million, the newly approved project could generate around 654 jobs for the locals.
Located in the Meanchey district, this investment project belongs to XSLJ (Cambodia) Co., Ltd., pointed out the same source.
Such investments demonstrate confidence of foreign investors in Cambodia’s macroeconomic, political and social stability, especially during this COVID-19 crisis.
By C. Nika