CDC endorses 22 investment projects worth $310 million in April

PHNOM PENH: The Council for the Development of Cambodia () has approved 22 investment and production expansion projects worth some US$309 million in April of this year, showed a report on Tuesday.

The approved investment projects are expected to generate some 23,000 jobs for local people, it said.

Eight of the total investment projects are located inside the special economic zones, the report pointed out, adding that most of the endorsed investment projects are in the , footwear and travel goods manufacturing.

Foreign direct investment from China topped the list, sharing 98 percent of the total investment in value, stated the report.

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