Five companies will invest more than $ 30 million in the garment, electrical and fruit processing sectors

The CDC has approved five companies to invest more than $ 30 million in garment factories, brick, light bulbs, electrical equipment and fruit processing. According to the CDC's release on February 25, 2020.

“SHANXI HEXIN (CAMBODIA) METAL TECHNOLOGY CO., LTD” plans to set up a lightweight Lightweight techniques brick and mortar manufacturing plant, located in Boeung Veng village, Veal Reinh commune, Prey Nop district, Preah Sihanouk province. The company has an investment of about $ 6.2 million and can create more than 400 jobs.

“ROYAL INNOTECH KNITWEAR CO., LTD” plans to set up a textile and garment factory located in Kampong Svay Kandal village, Prek Thmey commune, Koh Thom district, Kandal province. The company has an investment of about $ 10 million and can create more than 1,600 jobs.

“LITKCONN TECHNOLOGY (CAMBODIA) CO., LTD” plans to set up an Assembly factory assembles all kinds of light bulbs located in Chormpol village, Popel commune, Tram Kak district, Takeo province. The company has an investment of about $ 3.4 million and can create nearly 300 jobs.

“NINGBO BAINIAN (CAMBODIA) ELECTRIC APPLIANCE CO., LTD” plans to set up an electrical equipment factory located in Ang Village, Sangkat Chom Chao, Khan Por Senchey, Phnom Penh. The company has an investment of about $ 2.5 million and can create more than 500 jobs.

The company, "SHANG DA JIAN HUI INTERNATIONAL AGRICULTURE PRODUCT AND LOGISTIC CO., LTD", plans to set up a variety of fruit processing plants such as mango, cashew nuts, pineapples, bananas, and so on located in Stung Samrong village, Bak Rotes commune, Kampong Seila district, Preah Sihanouk province. The company has an investment of about $ 8.8 million and can create more than 200 jobs.(This news came from Thmey Thmey News.com)