Phnom Penh (FN), Nov. 30 – The Council for the Development of Cambodia (CDC) granted licenses to 13 new investment projects with a total investment of more than USD 130 million, according to CDC’s Facebook on 30 November 2023.

The projects are as follow:

1. Justmarvelous Co., Ltd., a project to establish a textile factory located in Sihanoukville Special Economic Zone, has an investment capital of approximately USD 8.2 million and can generate 326 jobs.

2. Vacation Industry Co., Ltd., a project to establish a factory to produce all kinds of bags (Waterproof Storage Bag, Backpack Bag, Cooler Bag) located in Svay Rieng Special Economic Zone, has an investment capital of approximately USD 7.3 million and can generate 245 jobs.

3. Star United Christmas Decoration Co., Ltd., a project to establish a Christmas tree and Christmas tree decoration factory located in Svay Rieng Gigarris Special Economic Zone, has an investment capital of approximately USD 6 million and can generate 536 jobs.

4. CH Lighting Tree Co., Ltd., a project to establish a Christmas tree factory, Christmas tree lights, Christmas tree decoration materials and souvenirs located in the Hai-Park Special Economic Zone in Svay Rieng province, has an investment capital of approximately about USD 5.8 million and can generate 500 jobs.

5. Kamelun Wood Co., Ltd., a project to establish a factory for the production of plywood, wood decoration and all kinds of furniture located in the Sihanoukville Special Economic Zone, has an investment capital of approximately USD 3 million and can generate 213 jobs.

6. Angel Wood (Cambodia) Co., Ltd., a project to establish a wood products factory (parquet, plywood and other boards) located in the Sihanoukville Special Economic Zone, has an investment capital of approximately USD 1.4 million and can generate 320 jobs.

7. Glorious Building Material (Cambodia) Co., Ltd., a project to establish a factory to produce door frames, window frames and wooden frames located in the Tai Seng Bavet Special Economic Zone in Svay Rieng province, has an investment of about USD 1.2 million and can generate 330 jobs.

8. SCHNEITEC VIBRANT CO., LTD, a project to establish a 60-megawatt solar power plant with a power storage system in Svay Rieng province located in Kandal village, Svay Chek commune, Romduol district, Svay Rieng province, has an investment capital of approximately USD 65.5 million and can generate 35 jobs.

9. XIN ANG SHOES (CAMBODIA) MANUFACTURING CO., LTD , a project to establish a shoe and footwear factory located in Trapeang Thleung 3 Village, Sangkat Choam Chao I, Khan Por Senchey, Phnom Penh, has an investment capital of approximately USD 13.3 million and can generate 4,370 jobs.

10. NEW HUICHEN (CAMBODIA) TEXTILE CO., LTD., a project to establish a garment and sewing factory located at Lot 499, Street 126, Stok Village, Komara Chea Commune, Bati District, Takeo Province, has an investment capital of approximately USD 5.8 million and can generate 1,896 jobs.

11. SIN-TIANCHENG WADDING (CAMBODIA) CO., LTD., a project to establish a garment factory located in Prey Toteung village, Preah Nipvan commune, Kong Pisey district, Kampong Speu province, has an investment capital of approximately USD 5.6 million and can generate 238 jobs.

12. XING KUN DA LEATHER INDUSTRIAL CO., LTD., a project to establish a factory to produce all kinds of bags located in Prey Tum Poung village, Peuk commune, Ang Snoul district, Kandal province, has an investment capital of approximately USD 5.2 million and can generate 1,790 jobs.

13. GOLDEN VESSEL (CAMBODIA) ELECTRONIC AND LIGHTING CO., LTD., a project to establish a factory to produce all kinds of light bulbs located at KM 69, National Road 2, Prey Prohm Village, Sangkat Roka Knoung, Daun Keo City, Takeo Province, has an investment capital of approximately USD 5.4 million and can generate 467 jobs.
=FRESH NEWS