Chinese investors visit Cambodia to explore scope in textile industry
Lim Visal, deputy secretary general of the Cambodia Investment Board under the Council for the Development of Cambodia (CDC), presented an overview of Cambodia’s investment landscape and incentive schemes, and relevant regulations.
Some Chinese investors recently visited Cambodia to explore the latter’s investment climate, with a focus on investment opportunities in the textile industry—from fabric and yarn production to garment manufacturing.
Cambodia urged the investors to follow the guidance of specialised departments, and accord priority to hiring locals—particularly workers returning from Thailand.
He urged the Chinese investors to follow the guidance of specialised departments, comply with Cambodian laws and regulations, and accord priority to hiring locals—particularly workers returning from Thailand, according to Cambodian newspaper.
Cambodia’s textile industry has evolved significantly, driven by strategic Chinese investments and favorable government policies, according to Cambodia Market Entry, a business division under MRTS Consulting Ltd.
Chinese investors have recognised the immense potential in Cambodia’s textile sector, contributing to advanced manufacturing capabilities, technology transfer and modernisation, supply chain optimisation, and regional market access through free trade agreements, it noted.
Fibre2Fashion News Desk (DS)
