18 August 2014
On 15
August 2014: China Duty Free Group plans to open two duty-free stores in
downtown Siem Reap and Phnom Penh.
The plan
is part of the retailer’s first offshore expansion, beyond enterprises in
mainland China. The CDFG-Cambodia general manager told local media that the
company is planning to invest USD35 million to set up two stores, one in Siem
Reap by the end of the year and another located in Phnom Penh by the second
half of 2015.
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