US$30 Million Investment Projects Approved

The Council for the Development of Cambodia (CDC) approved earlier this week four investment projects worth nearly US$30 million.

The investment projects are located in Sihanouk Special Economic Zone, Preah Sihanouk province, according to CDC.

The approved investment projects are under operation of Investor Decor, Glory Alliance Cambodia, Cambodian Tropic Flooring, and Cougar Wood Industry.

With respective investment capital of US$1.5 million, US$5.64 million, US$6.5 million, and US$15 million, the projects are expected to generate about 1,200 jobs for the locals.

Source: Agency Kampuchea Press

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