The Cambodian Investment Board under the Council for the Development of Cambodia (CDC) recently approved investment proposals for 11 more companies, creating 11,000 jobs. The companies will have a total investment of $57.3 million. Nine of these are in the garment, footwear and travel goods (GFT) sector.
CDC last year approved investment projects worth over $4.68 billion, an increase of 7 per cent compared to 2021.
Tiens Textile (Cambodia) Co Ltd, located in Daun Keo village, Samrong Tong district, Kampong Speu province will set up a $6.4-million garment and textile factory, creating 531 jobs. All Win Shoes (Cambodia) Co Ltd will launch a shoe factory in the same area, creating 478 jobs.
In full: https://www.fibre2fashion.com/news/manufacturing-news/cambodia-clears-9-investment-plans-in-garment-footwear-travel-goods-285808-newsdetails.htm