Six New Factories Investing $173M in Cambodia

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Six New Factories Investing $173M in Cambodia

Post by CEOCambodiaNews » Sat Nov 03, 2018 9:23 am

CDC Grants License to Six New Factories in Cambodia with an Investment of Nearly $173M
03/11/18 08:36

Phnom Penh (FN), Nov. 2 – The Council for the Development of Cambodia (CDC) approved six new factories in Cambodia with a total investment of nearly $173 million, according to CDC’s Facebook on Friday.

NORO MALL CO., LTD., a project to establish a supermarket located in Chamkarmorn district, Phnom Penh, has an investment capital of $9.2 million and can create 494 jobs.

SCHNEITEC RENEWABLE CO., LTD., a project of constructing 60-megawatt solar power plant located in Oudong district, Kampong Speu province, has an investment capital of $58.23 million and can create 35 jobs.

LING XIU INT'L CO., LTD., a project that build a five-star hotel with 410 rooms located in Sihanoukville, has a capital investment of approximately $68.98 million and can generate 133 jobs.

CATH PHARMA CO., LTD., a project to establish a pharmaceutical factory located in Sangkat Dangkor, Phnom Penh, has an investment capital of $6.3 million and can create 13 jobs.

SAIER (CAMBODIA) GARMENT CO., LTD., a project to establish a garment factory located in Por Sen Chey district, Phnom Penh, has a capital investment of $4.06 million and can create 1,025 jobs.

HERSHEY PLASTIC INDUSTRIAL (CAMBODIA) CO., LTD., a project to build all types of plastic hoses and plastic products factory located in Kampong Speu Province, has an investment of approximately $26.21 million and can create 391 jobs.
http://en.freshnewsasia.com/index.php/e ... 12-49.html
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Re: Six New Factories Investing $173M in Cambodia

Post by armchairlawyer » Sat Nov 03, 2018 9:33 am

Actually, that would be three factories, a supermarket, a power plant and a hotel.
The solar power plant sounds good.
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Re: Six New Factories Investing $173M in Cambodia

Post by CEOCambodiaNews » Sat Nov 03, 2018 4:57 pm

Kingdom sees 69 factories open
1 November 2018
Cambodia's garment industry saw 69 new factories open in the first nine months of this year. But 32 others closed during the period, said a Ministry of Industry and Handicraft report.

Ministry spokesman Oum Sotha who voiced no concern over the possible removal of Cambodia from the EU’s Everything But Arms (EBA) preferential trade scheme, said factory openings and closings were normal in business.

The report showed that a total of 129 new factories were opened in the first nine months, among which 69 were garment factories.

It also said a total of 40 factories were shut down, among which 32 were garment factories. This left a total of 18,645 workers unemployed.
https://www.phnompenhpost.com/business/ ... ories-open
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Re: Six New Factories Investing $173M in Cambodia

Post by CEOCambodiaNews » Wed Nov 07, 2018 6:04 pm

CDC Grants License to Seven New Factories in Cambodia with an Investment of over US$80M
07/11/18 17:43

Phnom Penh (FN), Nov. 7 – The Council for the Development of Cambodia (CDC) approved seven new factories in Cambodia with a total investment of over US$80 million, according to CDC’s Facebook on Wednesday.

KAUSU EAH LEO BM JOINT STOCK CO, LTD: a project to establish rubber plantation and processing factories located in Lumphat district, Ratanakiri Province, has an investment capital of US$43.6 million and can create 1,140 jobs.

TJN PROPERTIES CO., LTD: a project to build a five-star hotel with 230 rooms located in Sihanoukville, has a capital investment of approximately US$15 million and can generate 315 jobs.

ASIAN DI YI DIAN LAN CO., LTD: a project to establish electrical wiring production plant located in Kampong Speu province, has a capital investment capital of about US$2.1 million and can create 133 jobs.

GRAND PRODUCTION CO., LTD: a project to build furniture factory located in Kandal Province, has a capital investment of US $3.4 million and can generate 249 jobs.

CREDSTAR WASHING & PROCESSING CO., LTD: a project to set up a laundry and dyeing factory located in Kompong Speu Province, has a capital investment of approximately US$2.1 million and can create 184 jobs.

PCAM BEVERAGE CO., LTD: a project to build soft beverages factory located in Khan Por Senchey, Phnom Penh, has a capital investment of US$11.6 million and can create 420 jobs.

Y SENG CO., LTD: a project to establish a tobacco manufacturing factory located in Sihanoukville province, has a capital investment of approximately US$2.3 million and can generate 312 jobs.
=FRESH NEWS
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