Tuesday, December 11, 2007

Cambodia places 6th largest garment exporter in world

PHNOM PENH, Dec. 11 (Xinhua) -- Cambodia has become the sixth largest garment exporting country in the world, the Chinese-language newspaper the Commercial Daily reported on Tuesday.

The newspapers quoted government spokesman Khieu Kanharith as saying that the pillar industry creates job opportunities for some 500,000 people in Cambodia. The spokesman made the remarks while paying a visit to Kampong Cham province.

Total monthly salary for the workers in the garment sector amounts to 300 million U.S. dollars, one million of which are remitted to their families in the countryside, said Kanharith, who is also Information Minister.

However, he said, the manufacturers have to import most equipment and raw materials, which increases their production cost.

Rural Cambodians should try to help produce more raw materials for the industry, he added.

70 to 75 percent of the kingdom's annual export volume come from garment export, according to official statistics.

3 comments:

Anonymous said...

Howe about cotton farming... We have enough demand in the country. Why do we have to have shipped all the way from China.

Anonymous said...

One Million of 300 millions USD to their families in the countryside is a great many, I think no.

Anonymous said...

" Total monthly salary for the workers in the garment sector amounts to 300 million U.S. dollars,..."

Here, if we assumed people get $60/month with little overtime, this translated to 5 millions people are working in this industry alone, $300,000,000/60 = 5,000,000.