Cambodia is encouraging investment in textile and textile related factories. This includes garment factories, knitted and non-knitted apparel factories, footwear factories, or umbrella, raincoat, handbag, glove and towel factories.

These projects will be governed by favorable investment laws, have access to a broad range of export markets, preferential tariff treatment from major countries, abundant labour supply, and availability of raw materials for export-oriented production.

Cambodia hopes overall investment inflows will grow as global geopolitical and economic storms pass and if trade rows among influential countries were to be resolved. Cambodia is gradually emerging as a significant manufacturer of general components that are supplied to renowned factories across the world and has been able to draw in plenty of fresh investments even though the global economy has yet to return to strong growth post-Covid.

Cambodia’s apparel exports in the first ten months of 2022 rose by 18 percent. Exports of apparel and clothing accessories (knitted) earnings surged 16 percent compared to the same period in the previous year.The US is Cambodia’s largest export market, accounting for over 40 percent of Cambodia’s total exports. Apparel, footwear, and travel goods make up most of US imports from Cambodia and employ over one million Cambodians, mostly women.