2월 6, 2020
The Council for the Development of Cambodia (CDC) approved seven garment and travel goods investment projects last month, worth $33.4 million.
The figures were released by CDC throughout the month and calculated by The Post.
The EU is scheduled to decide whether to keep or withdraw its Everything But Arms (EBA) scheme for Cambodia on February 12.
Garment Manufacturers Association in Cambodia deputy secretary-general Kaing Monika told The Post on Monday that only garment exports to the EU market would be negatively affected if the Kingdom loses the EBA.
“Garment and footwear will have new destination markets aside from the EU. We could export to the US and Asean countries, so losing EBA does not mean that Cambodia will lose investors,” he said.
Four of the projects are in the garment sector – namely Sun Awesome Garment Co Ltd in Kampong Cham province’s Kabbas village in Prey Chhor district; Kniteracy (Asia) Company Limited in Kandal province’s Prey Khla village in Ang Snuol district; KY Odyssey Garment Co Ltd in Kampong Speu’s Trav village in Kong Pisei district’s Teuk La’ak commune, and King Lian (Cambodia) Garment Factory Co Ltd in Kampong Speu province’s Boss Ta Nai village in Samrong Tong district.
The remaining three projects are Famous Leatherware (Cambodia) Co Ltd in Phnom Penh’s Tuol Roka village in Meanchey district; Xin Hak Muy Make Clothes Assist Material Co Ltd in Phnom Penh’s Prek Kampoes village in Dangkor district, and Kimbao Bag Industry Co Ltd in Kandal province’s Trapaing Krapoeu village in Ang Snuol district.http://https://www.phnompenhpost.com/business/cdc-approves-seven-projects-january