Cambodia Special Economic Zone Board under the Council for the Development of Cambodia (CDC) has approved four new investment projects with a total capital of US$23.9 million.

Located in the provinces of Svay Rieng and Preah Sihanouk, these new projects belong to HOME STYLE LIVING CO., LTD., MCL HANDBAG FACTORY (CAMBODIA) COMPANY LIMITED, GREEN LINK ELECTRIC CO., LTD. and RAINBOW LIGHTING CO., LTD., said a CDC’s press release issued yesterday.

The four companies will invest in the manufacture of furniture and mattresses, handbags, light bulbs and light bulb assembly parts, it pointed out.

The newly approved projects are expected to create about 2,900 jobs for locals, the same source said.

Source: Agency Kampuchea Press

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