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Seven projects worth about US$1.3 billion seek qualified investment registration

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Summary

Cambodia’s investment committee reviewed seven registration applications on 9 October, involving about US$1.3 billion and a projected 8,300 jobs.

Seven investment projects with combined capital of about US$1.3 billion have applied to the Cambodian Investment Board of the Council for the Development of Cambodia for registration as qualified investment projects. On 9 October, board Secretary-General ជា វុទ្ធី chaired a meeting to review the seven applications.

The projects could create about 8,300 jobs. Five industrial projects cover metal and plastic tools and accessories; metal smelting and processing; fabrics and yarn; home decorations; and garments, bags, pet clothing, clothing accessories and imitation jewellery. The two infrastructure projects comprise a hospital and polyclinic with 221 beds, and construction and operation of the Funan Techo Canal. The seven projects are located in Phnom Penh and the provinces of Kandal, Kampong Speu, Takeo and Kep.

Preah Sihanouk Provincial Television | By: ង៉ែត ពិសាន្ត

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