Ten new factory approvals means ‘over 20K’ more jobs

The Council for the Development of Cambodia (CDC) notices issued in January reveal that it has greenlit 10 new projects worth nearly $100 million, all in the manufacturing industry: eight involved in textiles and two in light bulbs.

The CDC – the government’s highest decision-making body for large-scale investments – indicates that the 10 ventures will create an estimated 21,173 new jobs.

 

On the textiles front, New Target Footwear (Cambodia) Co Ltd’s $7.5 million footwear factory in Takeo province’s Tram Kak district, Golden Island Garments (Cambodia) Co Ltd’s $5.4 million garment factory in Kandal province’s Ang Snuol district, and Jin Long Quan (Cambodia) Co Ltd’s $5.1 million garment, footwear, bag and hat factory in Kandal’s Takhmao town are expected to bring in 1,938, 2,135, and 883 jobs, respectively.

Aroma Success Garment Co Ltd’s $36.6 million apparel factory in Kampong Speu province’s Samrong Tong district, and Qi Heng Xin Factory Co Ltd’s $8.8 million bag and footwear plant along National Road 21 in Takhmao are to deliver 3,158 and 2,930 new jobs.

 

Windara International Co Ltd’s $5.4 million knapsack, sleeping bag, tent, apparel and bedding factory, Yue Wing Cheong Manufactory Co Ltd’s $5.4 million bag venture, and Xin Shun Jie (Cambodia) Leather Co Ltd’s $5.2 million bag and apparel plant – all in Kampong Speu’s Kong Pisei district – are anticipated to generate 2,714, 738 and 1,133 new jobs.

Meanwhile, Technomate (Cambodia) Technology Co Ltd’s factory will produce LED, string and solar lights as well as plastics and repair tools, while Technomate (Cambodia) Precision Metal Co Ltd’s project will churn out light bulbs, solar lights and electrical appliances.

Both of these are located in Svay Rieng province’s Svay Rieng Giga Resource Special Economic Zone, and each has registered investment capital of $10 million and is expected to bring 750 new jobs, according to the CDC.https://www.phnompenhpost.com/business/ten-new-factory-approvals-means-over-20k-more-jobs