Cambodian Garment Industry Gets Emergency Raw Materials Shipments from China
Cambodia’s garment industry got a shot in the arm today as more than 200 containers from China got here in the nation bring basic materials, relieving the scarcity of inputs that idled factories in the wake of COVID-19 epidemic.
According to The Phnom Penh Post, 4 container ships got in the Sihanoukville Autonomous Port Monday.
The port’s director informed the Post that 15 ships bring more basic materials are set up to get here weekly.
Without the emergency raw materials shipment, the Cambodian economy might implode, economic experts cautioned.
According to Hong Kong-based Asean Instruction, the garment industry is Cambodia’s biggest company with more than 600,000 employees. It represents 16 percent of the nation’s GDP and 80 percent of its profits from exports.
The containers provided Monday are just a portion of the raw materials required to keep making clothing at the scale required to drive the growth of Cambodia’s economy.
“For the time being, we still need more raw materials than what has recently been shipped from China,” Ken Bathroom, the basic secretary of the Garment Manufacturers Association in Cambodia (GMAC), informed RFA’s Khmer Service.
“As long as the materials are shipped to us on a regular basis, we will be fine. But normally we need around 1,200 containers each week,” he added.
Kun Nhim, director of the nation’s custom-mades authority informed RFA Wednesday, “Since Monday more containers have been arriving. We processed 64 on Monday and 160 more on Tuesday.”
“Today we got 242 containers and we expect more in the next few days,” he added.
It was not right away clear the number of more containers were anticipated to get here prior to completion of the week, or the number of Cambodia asked for that China send out.
A few of Cambodia’s markets are likewise being struck by the epidemic. About 40 percent of Cambodia’s made clothes goes to the European Union, 30 percent to the U.S., 9 percent to Canada, and 4 percent to Japan.
Reported by RFA’s Khmer Service. Equated by Neang Ieng. Composed in English by Eugene Whong.
The post Cambodian Garment Industry Gets Emergency Raw Materials Shipments from China appeared first on World Weekly News.