PHNOM PENH (The Phnom Penh Post/Asia News Network): The Council for the Development of Cambodia (CDC) announced in the first week of June the approval of four investment projects worth nearly US$16 million. The investments are set to create an estimated 5,700 new jobs.
CDC said that Ocean Fast (Cambodia) Footwear Factory Co Ltd will establish a shoe production facility in Ponhea Leu district of Kandal province, with an investment of over $6 million. The factory will employ 1,914 people.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!