A total of 112 new manufacturing units opened in Cambodia during the first seven months of this year, while another 47 closed down, according to the ministry of industry, science, technology, and innovation. There were 1,947 factories that were operational at the end of July 2022, of which around 1,100 were garment, footwear and travel goods factories.
The 1,947 registered factories produced goods worth $7.5 billion during January-June 2022, showing a huge increase of 75 per cent year-on-year, Heng Sokkung, a secretary of state and spokesperson for the ministry, said at a press conference. Of this, products worth $5.26 billion were exported, while the remaining $2.31 billion were meant for the domestic market.
A total investment of $1.9 billion was involved in setting up 112 new factories, which created 76,624 jobs, the spokesperson said. Most of the new factories produce garment, footwear and travel goods.