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Cambodian Garment Manufacturers Association To Expand China-russia Market

Nov 22, 2018

Wen shuyang, President of the Cambodian garment manufacturers' association (GMAC), said in an interview with local media that for more than 20 years, the garment and footwear industry has been an important part of the country's strong economic growth.

Currently, GMAC has about 600 members who work in clothing and footwear enterprises, providing a large number of job opportunities for cambodians.

Mr Wen said the garment and footwear industries had seen significant growth but were often threatened by external factors, such as the eu's "weapons-free" preferential tariffs.

Clothing and footwear exports in 2018 are expected to rise slightly from $7.6 billion in 2017.

If the eu repeals the EBA preferential tariffs in Cambodia, it will affect the development of the garment industry.

The channel emphasizes not to talk too much at this time, all information has not been confirmed, otherwise may cause the concern of ordering business, thereby divestment.

Mr Wen said 15 years ago Cambodian goods could still be exported to the eu without the EBA preferential tariffs.

The council says 40 per cent of clothing and footwear exports to the eu, followed by the us, Canada and Japan.

Meanwhile, GMAC is trying to tap new markets in Russia and mainland China.

According to a report by the Cambodian ministry of Labour and vocational training, the garment and footwear industry in Cambodia, one of the world's largest exporters of ready-to-wear, generated us $7.6 billion in revenue in 2017.

There were 1,154 garment and footwear factories in Cambodia in 2017, up 4.25 percent from 2016, providing employment opportunities for 770,000 cambodians, up 4.42 percent, among which 640,000 are female employees.

Twenty years ago, in 1997 there were only 64 garment and footwear factories in Cambodia, with $200 million in exports and 80,000 jobs.

Since 2000, the Cambodian government has set up a tripartite (labor department, management and labor) mechanism, so far workers have been paid 13 times, from $30 a month to $175 in 2018, and the base salary will rise to $182 in 2019.