CDC To Issue 35 Project Certificates In Industries

0
1056

The Council for the Development of Cambodia (CDC) has preliminarily issued final registration certificates for 35 projects with a combined investment capital of $444 million from January to the end of last month.

Workers at a garment factory. KT/Ven Rathavong

Once operational, the projects are expected to provide more than 30,335 jobs.

Nine of the projects are related to the garment, textile and footwear industry, including TH Zipper and Metal Accessory (Cambodia), Sisophon Hong Seng Sport wear, Qian Qun Huang Jia, Monti Apparel, Grand Oriental Footwear International, Wincrown (Cambodia) Industrial, Helios Garment (Cambodia), V.C.O.F.F Apparel, and Advance Team (Cambodia).

Two projects involve travel bags – to be made by Nanwang Travel Goods and JS Leather Collection Phnom Penh.

One project is related to a tobacco factory – that of Xiang Gang Tobacco (Cambodia). Three are for trade centres and hotels – from Global House (Cambodia), Metro Lifestyle Development and WTCPP Management.

Four are about agro-industrial investment – Red Boat Enterprise, China Great Cause (Cambodia) Investment, Siemon (Cambodia) Agriculture Comprehensive Development, Hyundai Mao Legacy, and Chhung Hong Rubber Better.

Two rice mills and processing plants are on the list – Baofeng International Agriculture Development, and Lianyun (Cambodia) Eco-Agriculture Development.

One is auto assembly – International VCV Industry. Another is for bike and motorcycle parts and assembly – Da Chao Shoung Compusites Technology.

Others are for a wire factory, a candy and cake factory, a fertiliser and pesticide operation, a zinc factory, a cement and souvenir factory, a packaging operation, a soap factory and a paper industry operation.

CDC says nine projects involve big investments such as Lianyun (Cambodia) Eco-Agriculture Development ($43.31 million), China Great Cause (Cambodia) ($32.61 million), Siemon (Cambodia) agriculture comprehensive development ($60.99 million), Chhung Hong Rubber Better ($24.89 million), WTCPP Management ($50.2 million), Baofeng International Agriculture Development ($43.31 million), Metro Lifestyle Development($19.49 million), King Elephant Construction Material Industry ($20.1 million), and Cambodia Chaothuo Mining and Metallurgy ($30 million).

Eleven projects are in Phnom Penh, five in Sihanoukville, two in Kampong Thom, four in Kandal, four in Svay Rieng province, five in Kampong Speu province. There is one each in Preah Vihear, Stung Treng, Banteay Meanchey and Kampong Cham provinces.

This article was originally published in the Khmer Times.