A US$4.2 million garment factory will be built in Ang Popel commune, Kong Pisey district, Kampong Speu province, creating 1,314 jobs for the locals.
The information was shared by the Council for the Development of Cambodia (CDC) in a press release yesterday following its approval of the investment project.
The garment factory is the investment of Lastingwinner Garment (Cambodia) Co., Ltd, the same source pointed out.
Such investment amid COVID-19 outbreak demonstrates confidence of investors in Cambodia’s macroeconomic, political and social stability though threatened by the pandemic.
Source: Agency Kampuchea Press