PHNOM PENH - China Duty Free Group (CDFG) announced Monday that it has invested in a downtown duty free store in Cambodia's cultural Siem Reap City and the store will be launched in December.

"CDFG's Cambodian subsidiary will firstly start its downtown duty free store of 4,500 square meters in Siem Reap, known as Angkor Duty Free Store, and it will open to the public in December 2014," the company said in a press statement. "Additionally, CDFG-Cambodia's second downtown duty free store will be opened continuously in Phnom Penh City in 2015."

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The statement said CDFG is the first corporation awarded a downtown duty free store license from the Cambodian government.

"CDFG-Cambodia aims to provide the high-class products and services to its customers by introducing the world's top and famous brands with plenty categories of products such as perfume, cosmetic, fashion, jewelry, tobacco and liquor," it said. "Around 200 top luxury brands from all over the world will be offered to the international travelers.

"I believe that CDFG-Cambodia will become the leading duty free store in Cambodia with the best quality of products and services provided to the customers," CDFG-Cambodia's Managing Director John Zhao said, adding that the presence of CDFG-Cambodia will fill the gaps of duty free industry in Cambodia.

The establishment of CDFG-Cambodia will create good opportunities for the Cambodian labor market and the company will use the latest technologies and provide excellent training courses to train the local work force to improve the duty free industry in Cambodia, the statement said.

China Duty Free Group, established in 1984, is the only State-owned enterprise authorized by the State Council to operate duty free business across China. Cambodia is CDFG's first overseas subsidiary.