Kampuchea 1087 Shoe Enterprises Export Increased By 10.6%

Recently, the media reported that Kampuchea's 1087 shoe companies export increased by 10.6%. First, look at their population base: 14805358 people (2011 data), while Cambodian clothing and footwear industry has brought about 600 thousand jobs.

Taking up 4.1% of the total population of the country, since the shoe and clothing industry is one of the pillar industries of Kampuchea's economy, there should be some room for development.

According to the press release issued by the International Labour Organization on the morning of July 16th,

In 1-3 months of 2015, the export of shoes and garments in Kampuchea increased by 10.6%. These data indicate that the footwear industry in Kampuchea has maintained a good development trend.

Kampuchea's domestic factories and labor force are growing.

At the same time, the prosperity of shoes and clothing brings employment opportunities to some 600 thousand people in Kampuchea.

As of March this year, Cambodia

The growth rate to 640 was greatly increased compared with 528 factories in late 2013.

Meanwhile, Cambodian workers' basic wage increased to $128 in 2015.

In April, Minister of labor of Kampuchea, Yi Sen Xing, said in a media interview:

Kampuchea now has 1087 clothing and shoe factories, which pay about $1 billion a year.

The footwear industry also promotes the development of other industries, including renting, passenger pport and catering.

It indirectly provided employment opportunities for 2 million people.

Footwear industry is one of the pillar industries of Kampuchea's economy.

Last year, clothing exports amounted to $5 billion 700 million, and footwear products exported to US $33 million 840 thousand, accounting for 80% of the total export volume of the year.

It is very difficult to count the number of factories throughout the country. No factory has been notified of the closure or opening of some factories.

At present, the Cambodian garment manufacturers will have 565 garment factories and 38 shoe factories. The total number of labour department is relatively large because the labour department also supplies only the clothing and shoe factories in the domestic market.

At present, the clothing and footwear industry is showing a downward trend. In the first quarter of this year, there were only 13 newly opened garment factories and shoe factories, compared with 40 new factories in the same period last year.

There are few new factories this year, and the new basic wage plan for workers is the reason for the reduction of new factories.

It seems that they themselves do not know exactly how many, and the real data is still a mystery.

The price of tanning leather fell 5.263% at 11:50 a.m. compared with the previous market price, and the current stock price is HK $$0.72.

Up to now, the highest price today is $0.72, and the lowest price is $0.72.

The total turnover is 60 thousand shares, with a total turnover of HK $$4.32.