Cambodia opens 77 new factories in Q1 amid Covid-19 outbreak


PHNOM PENH (Xinhua): Some 77 new factories, including 34 garment, footwear, and travel goods factories, had opened in Cambodia in the first quarter of 2020 despite the Covid-19 pandemic, a spokesman said here on Thursday (April 23).

"The 77 new factories have created jobs for 27,909 people," Heng Sokkung, a secretary of state and spokesman for the Ministry of Industry, Science, Technology, and Innovation, said during a press conference.

"Although some factories have seen a drop in purchase orders at the moment, they will see opportunities when Covid-19 is over," he said, adding,"After the Covid-19, potential buyers will resume their purchase orders and demand will be on the rise."

The spokesman said for Cambodia, most of the garment, footwear and travel goods factories still operate as usual because China has supplied raw materials for productions to the kingdom constantly despite the Covid-19 pandemic.

According to Sokkung, six factories had permanently shut down during the January-March period this year, affecting 6,052 workers.

The garment, footwear, and travel goods industry, which is the kingdom's biggest foreign currency earner, consists of around 1,100 factories employing 750,000 workers.

A report from the ministry showed that the export of garment, footwear, and travel goods was valued at US$9.32 billion in 2019, accounting for over 83 per cent of the country's total industrial product exports. - Xinhua

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3

Cambodia , factories , open , covid-19

   

Did you find this article insightful?

Yes
No

100% readers found this article insightful

Next In Regional

Alibaba CEO says China's scrutiny of Internet platforms is needed
Covid-19: New record of 1,884 cases reported, two fatalities bring death toll to 337 (updated)
Covid-19: Cases hit a new record with 1,884 increase, bringing total to 56,659 (updated daily)
Documents show Japan ex-PM Abe's camp subsidised backers' party - NHK
KLCI edges up 3.73 points in line with regional markets
India’s RBI hits Twitter milestone in financial awareness drive
Thai woman alleges sex abuse in school then faces storm of criticism
US moves to ban tech exports to 89 Chinese firms, Reuters says
MA63 talks between Sabah, S'wak and Federal Govt to resume after eight-month pause
Trump’s leaving office, but don’t expect him to leave your news feed

Stories You'll Enjoy