Cambodia - Industry



Industry now employs approximately 250,000 people, 5 percent of the labor force. Until the mid-1990s, Cambodia's industry was dominated by rice mills (of which there were approximately 1,500) and 80 to 100 state-owned enterprises, a legacy from the communist period. The major new development in the latter half of the 1990s is the rapid development of Cambodia's garment industry, facilitated by the achievement of political stability, an abundant supply of cheap labor, good road access to Cambodia's major seaport, and having Most Favored Nation trading status since 1997 for exports to the large U.S. market. By the end of 1999, there were approximately 200 garment factories employing about 100,000 workers. In 1995, by comparison, there were only 13 such factories. Another major growth area associated with the need to build and rebuild Cambodia's infrastructure has been construction, which is expected to increase in importance as more investment is made in infrastructure.

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User Contributions:

Could you answer my question that why the industries In Cambodia are more increasing? How can it make Cambodia to develop?
Could you tell me about the leading industry in cambodia?

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