PHNOM PENH: The Council for the Development of Cambodia (CDC) has announced the approval of two new investment projects, generating nearly 1,300 job opportunities for the locals.

According to a CDC press release issued yesterday afternoon, the newly approved projects with a total investment of over US$11 million are located in the provinces of Kampong Speu and Svay Rieng.

The investments cover the manufacturing of lighting and decoration materials, it added.

The first project belongs to TW Lights Co., Ltd. while the second to G.U. Industrial Co., Ltd., pointed out the same source.