The Council for the Development of Cambodia (CDC) has approved two new investment projects with a total capital of US$10.14 million.
The new projects belong to Z.S.M Garment (Cambodia) Co., Ltd. and SUXINGMAX Garment (Cambodia) Co., Ltd., the CDC said in a press release issued this morning.
The first company will invest US$5.1 million while the second will inject US$5.04 million in the creation of garment factories in Khan Pursenchey, Phnom Penh, Samrong Torng district, Kampong Speu province, respectively, the source pointed out.
More than 3,000 jobs are expected to be generated for the locals by the two newly approved projects, added the press release.
Source: Agence Kampuchea Presse (AKP)