That’s the pleasure news, in July 2022, there are 5 capitals and provinces received new investment projects of more than $ 116 million
After the Covid-19 pandemic has been controlled and the situation in Cambodia is better there are many companies started to study the business market plan to invest in Cambodia. especially recently during the whole of July, Cambodia received eight new investment projects. With a total cost of more than 116 million US dollars after receiving approval from the Council for the Development of Cambodia (CDC).
According to the CDC, these projects will appear in five capitals and provinces:
There is one project in Phnom Penh, one project in Kandal province, one project in Svay Rieng province, two projects in Kampong Speu province, and two projects more in Sihanoukville.
The above 8 projects are invested by the following companies groups:
BEST BEAUTY COMPANY LIMITED company planning to establish a garment factory where located is at Prek Tapring village, Sangkat Sitbo, Takhmao city, Kandal province with an investment capital of 5.1 million US dollars and can create 2,236 jobs.
L-Q New Energy CO., LTD. The project is to build a solar panel factory located in the UBE Snoul Special Economic Zone, Kratie province, with an investment of 84.5 million US dollars and create about 1,000 jobs.
Eastcam Casting Co., Ltd. Company. The project is to establish a factory to produce and process steel pipes and process all kinds of steel pipes, where located in the investment zone in Shandong Sansel SEZ Svay Rieng, Svay Rieng province, with an investment capital of 5.8 million US dollars and create About 200 jobs.
XIN MEI DA (CAMBODIA) GARMENT CO., LTD planning to establish a garment factory located in Building B, Choam Chao Street, Damnak Thom 2 Village, Sangkat Steung Meanchey III, Khan Meanchey, Phnom Penh city with an investment of approximately 3.6 million dollars and will create 997 jobs.
MEGA HARDWOOD CO., LTD plans to establish a factory to produce plywood and plywood, located in the special economic zone of Sihanoukville province, with an investment capital of 5 million US dollars and create 300 jobs.
XIN JIN WEI GARMENT (CAMBODIA) CO., LTD planning to establish a garment factory located in Sihanoukville Special Economic Zone, Sihanoukville Province, with an investment capital of US $ 1.5 million and job creation of About 550.
“W.L WEI LIAN GARMENT CO., LTD” The project to establish a garment factory located in Trach village, Kaheng commune, Samrong Tong district, Kampong Speu province with an investment capital of approximately 3.1 million USD and can create 1,220 jobs.
“MILANNA LEATHERWARE M.F.Y (CAMBODIA) CO., LTD” planning to establish a factory to produce all kinds of belts and bags. located in Krabei Tram Village, Chung Ruk Commune, Kong Pisey District, Kampong Speu Province with an investment capital of approximately US $ 9.2 million and Create 1,414 jobs.
Please be also reminded that last June of 2022 Cambodia received only 6 projects, including 6 capitals and provinces.