The Council for the Development of Cambodia’s (CDC)’s two regular announcements issued month-to-date reveal that the government body has approved registration certificates for nine new private investment projects valued at a total of $77.4 million and set to create estimated 17,029 jobs. The nine enterprises will produce knitted sweaters, gloves, socks, and other clothing, bags, eyeglasses and frames, home appliances, house cleaning supplies, and lamps and lighting fixtures, according to the notices issued by CDC on July 10 and 11. In the first half of the year, according to CDC’s report, it approved 113 investment and expansion projects with combined registered capital of about $1.1 billion. 

Reference: Hin, P. (2023, July 13).  Nine new investment worth $77M to deliver 17K jobs. Phnom Penh Post. Retrieved from  https://www.phnompenhpost.com/business/nine-new-investments-worth-77m-deliver-17k-jobs