Cambodia’s ministry of commerce recently granted export rights under the preferential trading system to 78 garment, footwear and bag factories in the first 11 months of last year, according to its annual report. The ministry registered 51 such facilities from January to November, a rise of 24 per cent over 41 in the same period in 2018, the report said.
Twenty seven bag factories were registered, an increase of 170 per cent year-on-year on the 10 registered in the same period the previous year, while 138 exporters and other factories registered, a 21 per cent rise, according to a report in a Cambodian newspaper.
According to Garment Manufacturers Association in Cambodia (GMAC) secretary general Kaing Monika, Cambodia has seen positive effects from the US-China trade dispute, which has prompted a surge in garment and footwear registrations.
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