CDC Grants Investment License to a Private Firm

The Council for the Development of Cambodia (CDC) has given a green light to an investment plan of Won Star Enterprise Co., Ltd.

The firm will invest US$2 million to create a factory of string light, LED, etc. in Gigarris Special Economic Zone in Svay Rieng province, said a press release of CDC issued this evening.

The newly approved project is expected to generate some 350 jobs for the locals, the same source pointed out.

Source: Agency Kampuchea Presse