A delegation from Kampong Speu Province visits China, and 25 Chinese factories will be established

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[INNEWS Comprehensive Report] A delegation from Kampong Speu Province will visit China, and 25 factories of Chinese companies will land in Kampong Speu.​

On August 14, Vy Samnang, Governor of Kampong Speu Province, Cambodia, led a delegation to visit Guangzhou, China, and visited the production lines of many factories and enterprises in Guangzhou.

On the same day, they visited SITOY Group, Hongyi Industrial Park and Fuzhou Industrial Park in Guangzhou.

According to the person in charge of SITOY Group, the group has 4 factories specializing in the production of bags of well-known brands for export. The person in charge revealed that they plan to set up two branches in Kampong Speu Province, which is expected to create about 3,000 job opportunities.

The person in charge of Hongyi Industrial Park said that they plan to build 6 factories and enterprises in Kampong Speu Province, which are expected to create about 6,000 jobs.

According to the person in charge of the Fuzhou Industrial Park, there are 44 factories and enterprises in the park, which are involved in the manufacture of clothing, textile factories, production of shoes, electronic components, mobile phone cases and screens, and dyed fabrics. The industrial park plans to build 17 factories in Kampong Speu province, which is expected to create about 14,000 jobs.

In this regard, Vy Samnang expressed excitedly that there are currently 25 factories and enterprises from Guangzhou, China, planning to set up factories in Kampong Speu Province, which is expected to create 23,000 jobs. By 2023, the labor demand in Kampong Speu will exceed 50,000 people.

He said that this news is undoubtedly great news for Kampong Speu province, which is eager for jobs and economic development. With more and more Chinese factories and enterprises settling in, the economic development prospect of Kompong Speu will be even broader.