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Cambodia proposes 5-year plan for garment-textile, footwear sectors

  

Cambodia is preparing a five-year (2020-2025) development strategy for the garment, footwear and travel bags sectors from to promote their competiveness, according to the ministry of economy and finance (MEF). The sectors are now facing some challenges that require more development and competitiveness by the end of 2025, said Aun Pornmoniroth

This strategy will set out a vision to transform Cambodia’s garment, footwear and bag industry into a high-value, supportive, diversified and more competitive industry.It will continue to strengthen human resources, increase productivity and create business lines for workers.

It will as well as continue to improve working conditions and the welfare of workers, promote direct domestic and international investment in value-added products, attract investment in industries that support the sector and promote export market diversification, according to the brief draft.

The strategy aims to set common development directions, increase independence, strengthen the appraisal and stability of the garment, footwear and bags sector to further promote the sector’s sustainability and environment.

 
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