The Council for the Development of Cambodia (CDC) recently approved three textile and garment projects with a total capital of $7 million.
The projects—of Jin Ming Li Jian One Co Ltd in Kong Pisey of Kampong Speu province; Suzen (Cambodia) Industrial Co Ltd in Suong city in Thbong Khmum province; and MIL United Manufacturing Co Ltd in the Kandal Stung district of Kandal province, will create 2,000 jobs.
Jin Ming Li Jian One’s project worth $2.3 million will establish a yarn factory employing 180 workers.
With an investment capital of $2.4 million, the Suzen (Cambodia) Industrial Co project will employ 726 workers to manufacture clothes. The third one will invest $2.3 million to construct a garment factory, generating 912 jobs.
Despite concerns over shortage of raw materials, new investments in the garment sectors continues, giving hope to the youth for employment opportunities, especially those investments which are in the provinces, according to a report in a Cambodian newspaper.