March 13, 2012

Cambodia's footwear exports rise 49 pct in 2011


PHNOM PENH, March 12 -- Cambodia had exported footwear products in equivalent to 264 million U.S. dollars last year, a 49 percent rise from 177 million U.S. dollars in a year earlier, a report by the Ministry of Commerce showed on Monday.

It said that the main markets for Cambodia-made shoes are the United States, European countries, Canada, Japan and some Asian countries.

According to the report, the country has 40 footwear factories employing 62,470 workers - 90 percent of them are female.

The sector spent about 60 million U.S. dollars for workers' wages per annum, it said.

Speaking at the annual commerce meeting on Monday, Cham Prasidh, Minister of Commerce, said that the country's shoe industry has been remarkably grown in recent years and it would be one of the potential sectors for economic development in the near future.

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