Global sportswear manufacturer Nike Inc. on Wednesday reiterated its commitment to producing in the Kingdom and praised the country’s progress in improving labour conditions.
For in depth analysis of Cambodian Business, visit Capital Cambodia
Speaking during a meeting with Minister of Commerce Pan Sorasak, Nike vice president Chris Helzer said the company feels optimistic about the Kingdom’s economic outlook and its compliance with international labour laws, particularly in the garment and footwear industry.
Mr Helzer praised the government for its efforts to improve labour conditions in the garment sector and adhere to international laws regulating it.
“Cambodia now enjoys high compliance with international labour standards through factory monitoring programmes, which are implemented as a partnership between the government and the private sector,” Mr Helzer was quoted as saying in a ministry press release.
“For companies like Nike it is now easy to comply with international labour standards, which is a major factor in deciding to invest and place orders. In this regard, Nike will continue its operations in Cambodia,” he said.
Minister Sorasak said the government has been painstakingly working to improve the investment and business environment through reforms that aim to make private sector ventures more profitable, particularly in the garment and textile industry.
Kaing Monika, deputy secretary general at the Garment Manufacturers Association in Cambodia (GMAC), told Khmer Times that, “We appreciate Nike’s commitment and support towards Cambodia.
“The Nike brand has great value, and its compliance standards are usually high,” he added.
Mr Helzer said Nike will continue its partnership with the Cambodian government by increasing investment to strengthen the production chain, provide jobs for the people, and contribute to economic growth.