PHNOM PENH: The Council for the Development of Cambodia has approved 21 new investment projects with a total capital of approximately US$619 million, generating nearly 22,000 job opportunities, according to the council’s report released on Friday.
Some 90 percent of the approved projects last month were in the field of industry while the rest were in infrastructure and other fields, the CDC said.
The most interesting projects of November include the 70-megawatt Stung Russey Chrum Kandal hydropower project in Mondul Seima district, Kong Kong province, and the 100-megawatt Veal Thmar Kambot hydropower project in Thmar Baing district, Koh Kong province; the 60-megawatt solar-power plant development project in Romduol district, Svay Rieng province; and a footwear factory project in Khan Pursenchey, Phnom Penh, the report pointed out.
Local investment capital covers almost 83 percent of the total investment capital while 17.10 percent is from China, the source added.