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100 new shoe factories in sight


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The president of the Garment Manufacturers Association of Cambodia (GMAC) expects that the country can attract about 100 new footwear factories if it gets tariff relief under the United States’ Generalised System of Preferences. Van Sou Ieng said the tariff relief was given last year on travel goods, which was a good result for the industry in attracting a lot of investment and absorbing a large labour force – both skilled and unskilled.

 

He hoped the US would consider duty-free access to the footwear industry which had played a critical role in boosting exports and developing Cambodia’s economy. “We got duty-free access to the US on travel goods in June last year, and in the year since we have attracted about 20 factories. This means we had a new factory every two weeks.

 

“This is a good thing and we will continue to attract more investment in the sector,” he said.  “Now, we are in talks with all footwear garment owners to lobby the US government to give us duty-free status on footwear. “If we can get the duty free access, I am confident that we can attract at least 100 new footwear factories to open here.

 

read more http://www.khmertimeskh.com/5075274/100-new-shoe-factories-sight/

 
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-- © Copyright Khmer Times 27/07
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