79 industrial investment projects registered

The Ministry of Industry, Science, Technology and Innovation registered 79 industrial investment projects in the first semester of this year, while more than 100 factories closed.

Heng Sokkong, secretary of state, and spokesman said yesterday the new industrial projects are mostly in food processing and medical wares manufacturing including face masks, anti-bacterial gel and personal protection suits.

The demand for these products is rising in the context of Covid-19, attracting new investment. Some are locally produced to meet domestic demand and some are exported.

Sokkong said: “Some existing factories locally have changed from producing clothes and other products to producing medical wares.”

Figures for comparison with last year nor the costs of total new investment projects were available.

The report said that 135 factories have been closed mainly because of Covid-19 during the first six months of this year.

The Council for the Development

Share This Post
Leave a Comment

Event Search