Cambodia’s strategic plan on garment, footwear and travel goods development 2021-2024 will attract more investments and contribute to sustainable development in the sector.
Ith Samheng, Minister of Labour and Vocational Training, made the note in a meeting with Okhna Kong Sang, President of Garment Manufacturers Association in Cambodia (GMAC) here in Phnom Penh this week.
The plan also includes measures and strategic framework in line with the economic growth pathway in the context of COVID-19, continued the minister.
The minister spoke highly of GMAC’s role in supporting the rights and legal interests of investors in the sector.
According to Okhna Kong Sang, Cambodia’s garment export was valued at over $11.389 million in 2021, up $1.505 billion or 15.2 percent.
Of the total amount, $8.017 million was derived from the exports of clothes, $1.390 billion from footwear, $1.490 billion from travel goods, and the rest from other textile products GMAC currently has 462 member factories producing garments, 13 producing footwear and 92 producing travel goods, he added.
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Author: Khmer Times
Source: Khmer Times
Publication date: 6 March 2022