6 new projects worth nearly $130M approved by CDC

PHNOM PENH: Based on the investment requests submitted by various companies, the Council for the Development of Cambodia (CDC) has given its approval and issued investment project registration certificates to the following six companies with a total investment of nearly $130 million:

1. “DONGFANG JUNMA CEMENT CO., ” project will establish a cement factory in Phcheav village, Treng commune, Rattanak Mondul district, Battambang province. With an investment capital of around 95 million US dollars, this project will likely create 979 jobs.

2. The “TWPC INVESTMENT (CAMBODIA) CO., LTD” project will establish a cassava processing factory in O Sram village, Trapeang Tao commune, Anlong Veng district, Oddar Meanchey province. With an investment capital of approximately 10.4 million US dollars, this project is expected to generate 99 jobs.

3. The “WICKIMED (CAMBODIA) SUPPLY CO., LTD” project will establish a medical equipment factory located on 41, Building 6, Trapeang Chhouk Village, Bor Seth Commune, Bor Seth District, Kampong Speu Province. With an investment capital of around 6.3 million US dollars, this project is anticipated to create 218 jobs.

4. The “CMB & CHN CO., LTD” project plans to establish a food processing factory in Veal Village, Kampong Seila Commune, Kampong Seila District, Preah Sihanouk Province. With an investment capital of approximately 6.1 million US dollars, this project will likely create 120 jobs.

5. The “ELITE ENTERPRISE (CAMBODIA) CO., LTD” project aims to establish a garment factory in Ang Village, Sangkat Choam Chao III, Khan Por Sen Chey, Phnom Penh. With an investment of approximately US$ 5.3 million, this project is expected to generate 2,723 job opportunities.

6. The “L T K J (CAMBODIA) CO., LTD” project will establish a pipe factory that produces various types of pipes in Pdao Pen Village, Tang Krouch Commune, Samrong Tong District, Kampong Speu Province. With an investment capital of around 5.2 million US dollars, this project is anticipated to create 588 jobs.

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