Cambodian garment exports jump 14.3pc
Friday, 28 September 2007
PHNOM PENH, Sept 27 (AFP): Cambodian garment exports rose 14.3 per cent in the first half of 2007, compared to the same period last year, a senior commerce ministry official said today.
Exports to July totaled nearly 1.7 billion dollars, said the official, who did not want to be named, adding that the sector will remain the driving force behind impoverished Cambodia's economy despite jitters over greater regional competition.
The garment sector has achieved double-digit growth year-on-year and is now Cambodia's largest industrial employer, giving work to more than 330,000 people.
Exports to July totaled nearly 1.7 billion dollars, said the official, who did not want to be named, adding that the sector will remain the driving force behind impoverished Cambodia's economy despite jitters over greater regional competition.
The garment sector has achieved double-digit growth year-on-year and is now Cambodia's largest industrial employer, giving work to more than 330,000 people.