Baosteel Group to open can factory in Cambodia
Baosteel Group (headquartered in China) is making a $50.7 million investment in a new beverage can facility based in the Kampong Speu province of Cambodia.
The investment was approved by the Council for Development of Cambodia (CDC). Vei Samnang, governor of Kampong Speu province, told the Khmer Times, that the company welcomes the project as it would help develop the local economy by producing and supplying cans to local breweries and drinks makers across Cambodia. The facility is expected to create over 150 jobs for people in the area.