Buyers have shifted orders to Cambodia from other countries due to political unrest and the pandemic and due to vaccinations in many countries and the reopening of travel, many buyers have placed orders for these products from Cambodia, Ly Khun Thai, president of the Cambodian Footwear Association, was quoted as saying by a Cambodian media outlet.
Trade preference schemes boosted the country’s garment export increase.
“For 2022, the economy is predicted to grow at a higher rate of around 5.6 per cent, buoyed by the expected rise of global demand and foreign investors’ confidence,” minister of economy and finance Aun Pornmoniroth said.
ALCHEMPro News Desk (DS)
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