Back in 2019, the Phnom Penh Municipal Hall issued a notice to owners of factories, manufacturing enterprises, warehouses and large repairing garages, instructing that they plan to relocate to new premises around the third ring road of the capital.
Back in 2019, the Phnom Penh Municipal Hall issued a notice to owners of factories, manufacturing enterprises, warehouses and large repairing garages, instructing that they plan to relocate to new premises around the third ring road of the capital. Following the announcement, several had done so, especially along national roads 3 and 4.
The continuous entry of fibre, yarn and thread mills into the Cambodian market is set to considerably lessen the textile-related sectors’ dependence on imports of raw materials, observers have said.
The Ministry of Economy and Finance announced that it as set to launch a 2022-2027 development strategy for garments, footwear and travel goods on March 21 to strengthen and support the sector in “the new context”.
Cambodia s garment sector saw robust export growth last year despite raw material supply challenges and strict cross-border measures imposed due to the COVID-19 pandemic..