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Swifter footwear sales help push garment growth


geovalin

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Cambodia's garment sector – a key driver of the economy – exhibited modest growth last year, with total exports topping $6.3 billion in 2015, up from $5.8 billion one year earlier, according to an industry report released yesterday.

In its third bulletin on the Kingdom’s garment sector, the International Labour Organisation (ILO) said the footwear segment far outpaced the sector’s modest 6.5 per cent export growth last year, with footwear exports increasing by 21.8 per cent to $538 million in 2015.

The report also showed a slowdown in new factory openings, with just 75 new garment factories opening in 2015, and two closing shop, compared to a net 98 new factories in 2014.

read more: http://www.phnompenhpost.com/business/swifter-footwear-sales-help-push-garment-growth

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