Cambodia's Garment Industry Has Evolved to Become the Country's Most Important Manufacturing Sector.DUBLIN Dublin, city, Republic of Ireland Dublin, Irish Baile Átha Cliath, county borough (1991 pop. 915,516), Leinster, capital of the Republic of Ireland, on Dublin Bay at the mouth of the Liffey River. , Ireland Ireland, Irish Eire (âr`ə) [to it are related the poetic Erin and perhaps the Latin Hibernia], island, 32,598 sq mi (84,429 sq km), second largest of the British Isles. -- Research and Markets (http://www.researchandmarkets.com/reports/c91300) has announced the addition of Prospects for the Textile and Garment Industry in Cambodia to their offering. Cambodia's garment industry has evolved from nowhere in the mid- mid- pref. Middle: midbrain. 1990s to become the country's most important manufacturing sector. This meteoric me·te·or·ic adj. 1. Of, relating to, or formed by a meteoroid. 2. Of or relating to the earth's atmosphere. 3. rise has been aided by more settled political and social conditions following the horrors of the Khmer Rouge Khmer Rouge (kəmĕr` r  zh), name given to native Cambodian Communists. Khmer Rouge soldiers, aided by North Vietnamese and Viet Cong troops, began a large-scale insurgency against regime and by
the adoption of an open market economy.
In particular, the government has provided strong encouragement for foreign investors through a series of generous incentives, while exports have benefited from preferential pref·er·en·tial adj. 1. Of, relating to, or giving advantage or preference: preferential treatment. 2. access to the all-important markets of the USA and the EU. As a result, garment manufacturing now accounts for around 14% of the country's GDP GDP (guanosine diphosphate): see guanine. and for 82% of exports, as well as employing 45% of its manufacturing workforce. This momentum appears set to continue, although there are a number of serious impediments IMPEDIMENTS, contracts. Legal objections to the making of a contract. Impediments which relate to the person are those of minority, want of reason, coverture, and the like; they are sometimes called disabilities. Vide Incapacity. 2. to overcome. The sector is uncomfortably dependent on imported raw materials for its production. Also, the country's infrastructure requires huge investment in power generation and transport. There is a need also for the sector to utilise more high-tech manufacturing equipment rather than depending on low cost labour as a means of retaining international competitiveness. The industry would benefit too if more value adding processes such as design and marketing came under domestic control. On balance, though, the dynamism and vibrancy vi·brant adj. 1. a. Pulsing or throbbing with energy or activity: the vibrant streets of a big city. b. which have characterised the garment industry's recent development look set to continue. Contents: - SUMMARY - DEVELOPMENT OF THE TEXTILE AND GARMENT INDUSTRY IN CAMBODIA - IMPORTANCE OF THE TEXTILE AND GARMENT INDUSTRY TO THE CAMBODIAN ECONOMY - CAMBODIA: COUNTRY BACKGROUND - Geography - Political structure - Economic performance - CAMBODIA: INFRASTRUCTURE - Energy - Transport - Foreign trade zones - CAMBODIA: HUMAN RESOURCES The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. - STRUCTURE OF THE GARMENT INDUSTRY IN CAMBODIA - Industry growth - Quotas - Location - Ownership - PRODUCTION TRENDS AND PRODUCTS MANUFACTURED BY THE CAMBODIAN GARMENT INDUSTRY - Products - Brands - CAMBODIAN TEXTILE AND GARMENT EXPORTS AND IMPORTS - Exports - Imports - PRODUCTION TECHNOLOGY AND MACHINERY IN THE CAMBODIAN GARMENT INDUSTRY - FOREIGN INVESTMENT IN THE CAMBODIAN TEXTILE AND GARMENT INDUSTRY - CAMBODIAN GOVERNMENT POLICIES AND INVESTMENT INCENTIVES - Government policies - Investment incentives - STRENGTHS, WEAKNESSES, OPPORTUNITIES AND THREATS - Strengths - Weaknesses - Opportunities - Threats - FUTURE PROSPECTS - LIST OF TABLES - Table 1: Cambodia: number of clothing factories and employees, 1995-2006 - Table 2: Cambodia: share of textiles and clothing in total GDP, 2000-06 - Table 3: Cambodia: political and economic profile, 2007 - Table 4: Cambodia: economic indicators Economic indicators The key statistics of the economy that reveal the direction the economy is heading in; for example, the unemployment rate and the inflation rate. , 2005-07 - Table 5: Cambodia: clothing exports by value and by volume, 1995-2006 - Table 6: Cambodia: clothing exports by leading destination, by value, 2003-06 - Table 7: Cambodia: clothing exports by leading destination, by volume, 2005 and 2006 - Table 8: Cambodia: textile imports by value, 2000-06 - Table 9: Cambodia: investment in the clothing industry, 2000-06 For more information visit http://www.researchandmarkets.com/reports/c91300. |
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