Phnom Penh (FN), March 24 - ADVANCE TEAM (CAMBODIA) CO.,LTD, a new garment factory has been licensed by Council for the Development of Cambodia (CDC) to be established in Cambodia in March 2018, with a capital of approximately $4.7 million, creating about 1,575 jobs, according to CDC's official Facebook post on Saturday.

Within 24 days of March this year, eight factories have been licensed by CDC to operate in Cambodia with a capital of $96.56 million, providing 9,353 new jobs for people.

Thanks to peace, political stability and favorable investment climate, both local and foreign investors came to Cambodia.
=FRESH NEWS