PHNOM PENH: Seven qualified investment projects (QIPs) worth US$350 million were approved by the Council for the Development of Cambodia (CDC) on July 30.
The update was shared during the 11th One Window Service Meeting to review proposed QIPs chaired by H.E. Chea Vuthy, Secretary-General of the Cambodian Investment Board of the CDC.
Once operational, these investment projects will offer about 4,000 job opportunities, particularly in agro-industry (rubber recycling) and industrial projects such as the production of sports materials and bags, toys, cement, household electronic appliances, marble, and light bulbs.
These QIPs are located in the provinces of Kandal, Takeo, Kampong Chhnang, and Thbong Khmum.