Government Licences Four More Private Companies
AKP Phnom Penh, July 11, 2018 —
Royal Government of Cambodia has granted licences to four more private companies to operate in Cambodia.
The update was shared yesterday by the Council for the Development of Cambodia (CDC), adding that the total investment capital of newly licenced companies is over US$5 million.
Among the licenced firms, continued the source, are manufacturers of plastic bags, paper boxes, clothing logos, recycled pianos, construction materials, and electronic devices.
Those firms include Huicai Packaging (Cambodia) and Cambo Hongsheng Electronics located in Svay Rieng province, and Robustahl and Union Gakki (Cambodia) in Preah Sihanouk province.
The new investments are expected to generate more than 1,000 jobs for the locals.
By Lim Nary