A US$3.1 Million Garment Factory Project in Takeo Province Approved
AKP Phnom Penh, January 27, 2021 --
A US$3.1 million garment factory will be built in Bati district of Takeo province, creating 702 jobs for the locals.
The update was shared in a press release from the Council for the Development of Cambodia (CDC) yesterday following its approval of the investment project.
The garment factory is the investment by Brightness (Cambodia) Garment Factory Co., Ltd.
Since early this month, CDC has given green light to 7 investment projects, including the above project, with a total investment of nearly US$27.6 million, generating some 4,000 job opportunities.
Such investment amid COVID-19 outbreak demonstrates confidence of investors in Cambodia’s macroeconomic, political and social stability though threatened by the pandemic.
By Phal Sophanith