More than 100 factories have started operations in the Kingdom in the last eight months, according to a report from the Ministry of Industry and Handicraft.
The latest report from the ministry shows that, from January to August, 116 new factories registered with the ministry, bringing the total number of manufacturing plants in the country to 1,638.
The majority of the new factories manufacture garments or footwear (61), followed by food, beverages and tobacco (20), metal products (11), chemicals, coal, rubber and plastic products (13), paper (2), and wood products (2).
In total, just over a million workers are employed in the manufacturing sector, with 870,746 people working in garment and footwear factories.
Ministry spokesman Oum Sotha told Khmer Times that the rise in factory numbers stems from the solid economic growth the Kingdom is experiencing, with more and more foreign firms confident that the local manufacturing sector is a sound investment.
“The increase in the number of plants producing garments, shoes and travel bags is the result of high demand for these products abroad,” he said, adding that light industries – including electronics and automotive parts – are now beginning to flourish.
In 2017, there were 1,522 factories registered with the ministry, and the sector’s labour force was estimated to be composed of 982,203 people.
The Council for the Development of Cambodia (CDC) approved 23 investment projects in garment factories during the first half of this year.