Cambodia sees surge in export-oriented factories in 2019

The number of footwear and garment factories registered for exports in Cambodia over 2019 jumped 24% compared with the year earlier, according to new data from the Ministry of Commerce.

The Cambodian Ministry of Commerce’s annual report, cited by The Phnom Post, says it granted export rights under the preferential trading system to 78 garment, footwear and bag factories in the first 11 months of last year.

The report adds Cambodia’s exports to international markets reached more than US$10bn in the first ten months of last year, mainly from the garment, textile, footwear and travel products sectors. Garment exports were worth $6.4bn, textiles $40m and footwear $905m.

In full: https://www.just-style.com/news/cambodia-sees-surge-in-export-oriented-factories-in-2019_id137806.aspx

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