Cambodia approves five projects to create jobs for locals

The Council for the Development of Cambodia (CDC) has recently approved five investment projects worth 174.8 million USD that are expected to generate 2,458 jobs for locals.

The projects include the construction of a five-star hotel and facilities serving solar power production in the provinces of Preah Sihanouk, Kampong Speu, Battambang, and Svay Rieng.

Investment pouring into the country amid the spread of COVID-19 manifests investors’ confidence in the country’s macro-economic conditions and political and social stability.

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