In Q1, FY25, Cambodia's textile and garments exports increased by 20 per cent, highlights Sun Mesa, Spokesperson, Ministry of Labor and Vocational Training. Total clothing, footwear, and bags exports by the country rose to 3.5 billion during the quarter.
The nation registered a detailed robust growth across markets, with exports to the United States rising by 25.7 per cent, Europe by 20.8 per cent, Japan by 19.9 per cent, the United Kingdom by 5.6 per cent, and the ASEAN region by 24 per cent.
This substantial growth was a result of rising orders from globally recognized brands such as Adidas, Nike, and others, notes Mesa. These companies value Cambodia's consistent production quality and dependable supply chain, he adds.
The growth is also an outcome of the favorable government policies launched under the leadership of Prime Minister Hun Manet, Mesa emphasizes. These policies include a range of legal and regulatory support designed to streamline factory operations, attract investors, and encourage major manufacturing facilities to relocate to Cambodia.
As a key part of the Royal Government, the Ministry of Labor has also eliminated a large number of services to make it easier for investors to complete their work and carry out their activities. This gives Cambodia a competitive edge over other countries in the garment industry, Mesa observes.
Mesa further highlights, the 7th Royal Government's early focus on labor policies have led to improved working conditions, enhanced productivity, and fostered better industrial relations in factories nationwide.
Furthermore, regional factors, including political instability and uncertainty in competing nations are contributing to international buyers shifting orders to Cambodia, he points out.
Sam Soeun, President, National Labour Union of Cambodia (NLC), states, the rising T&A exports reflect the positive state of the Cambodian economy.
The sector is currently stable with no major disruptions and job creation in the industry has steadily increased due to the continuous inflow of foreign investment, he adds. This stems from foreign investors' strong confidence in the Royal Government, which has ensured peace and political stability, Soeun affirms.
The Royal Government continues to attract investment and support the establishment of new businesses to create more jobs for the Cambodian people, he reiterates.
