Over US$26 Million Investment Projects Approved
AKP Phnom Penh, August 05, 2022 --
Five more investment projects worth US$26.3 million have been approved, according to a press release of the Council for the Development of Cambodia (CDC) issued this morning.
The newly-approved projects are expected to generate in total 4,192 jobs for the locals.
The five investment projects cover the production of clothes, shoe accessories, solar panels, wardrobes, and so on.
These projects belong to five different companies located in Phnom Penh capital, and the provinces of Preah Sihanouk, and Kampong Speu.
Such investment demonstrates confidence of investors in Cambodia’s macroeconomic, political and social stability as the country is recovering from the COVID-19 pandemic.
By Phal Sophanith