SBS Zipper:Cambodia's CDC clears 40 new investment projects in Nov; Vietnam leads-Nylon Zippers,Metal Zippers,Plastic Zippers,Recycle Zippers

Cambodia's CDC clears 40 new investment projects in Nov; Vietnam leads

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The Council for the Development of Cambodia approved 40 new investment projects and three production-expansion plans valued at $940 million in November, creating an estimated 39,000 jobs.
This was a rise of over 10 ventures compared to October.
Vietnam accounted for 51.08 per cent of the total investment, followed by China at 24.26 per cent, Cambodia at 14.49 per cent.

The Council for the Development of Cambodia (CDC) approved 40 new investment projects and three production-expansion plans valued at $940 million in November this year, creating an estimated 39,000 jobs.

This represents a rise of over 10 ventures compared to October.

The Council for the Development of Cambodia approved 40 new investment projects and three production-expansion plans valued at $940 million in November, creating an estimated 39,000 jobs. This was a rise of over 10 ventures compared to October. Vietnam accounted for 51.08 per cent of the total investment, followed by China at 24.26 per cent, Cambodia at 14.49 per cent.

The projects span various sectors, including garments, textiles, furniture, toys, shoes, chemicals, bags, special economic zones (SEZs), camping accessories, packaging and rubber.

Thirty two of these ventures are located outside of SEZs, while 11 are situated within them.

Vietnam accounted for 51.08 per cent of the total investment, followed by China at 24.26 per cent and Cambodia at 14.49 per cent, a domestic media outlet reported.

Investments were the highest in the industrial, tourism and infrastructure sectors.

SBS Zipper News Desk (DS)

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