H.E. Sun Mesa, Spokesperson for the Ministry, said the steady growth reflects investors’ continued confidence in the Kingdom’s economic environment.

He noted that the Ministry is working to promote a favourable investment climate by providing skills training to strengthen the workforce and improving labour conditions to attract investors amid global economic uncertainties.

“The favourable working conditions, skilled workforce, peace and political stability, combined with flexible investment incentives, have contributed to the continuous increase in manufacturing investment,” he said.

The garment, textile, footwear, and travel goods (GFT) industry remains Cambodia’s largest source of foreign exchange.

Cambodia exported GFT products worth US$13.6 billion in the first ten months of 2025, according to the Ministry of Commerce.

Garment exports reached US$9.62 billion during January-October, a year-on-year increase of 20.3 percent. Textile exports stood at US$564 million, up 38.7 percent.

Footwear exports rose 30 percent to US$1.73 billion, while travel goods and bags accounted for US$1.7 billion, up 5.8 percent, the report added.

The main export markets for Cambodia’s GFT products are the U.S., EU, Canada, and Japan.

The sector currently employs more than 1.11 million workers, the majority of whom are women, the Ministry of Labour and Vocational Training said.

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The decline in exports is believed in attributed to a number of factors, including the ongoing COVID-19 pandemic, the Russia-Ukraine war, and rising inflation. However, the industry is still expected to grow in the coming years, as Cambodia remains a competitive destination for garment manufacturing.

Among the factories, there are 802 garment factories, 140 shoe factories, and 134 travel goods factories. The sector is the largest foreign exchange earner for Cambodia, employing approximately 800,000 workers, mostly female. The monthly minimum wage for the sector is US$200 in 2023, up from US$194 in 2022.

The figure reported in a meeting on Wednesday, the National Council on Minimum Wage began to discuss the annual increase of monthly minimum wage for the garment, footwear, and travel goods industry for 2024.

In the meeting, the first of a series of meetings, the trio parties presented key statistical updates on socio-economic criteria to form the basis for the minimum wage talks as well as input such as current inflation, competition, and market situation from the representatives of employers and employees.

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1. “DONGFANG JUNMA CEMENT CO., LTD” project will establish a cement factory in Phcheav village, Treng commune, Rattanak Mondul district, Battambang province. With an investment capital of around 95 million US dollars, this project will likely create 979 jobs.

2. The “TWPC INVESTMENT (CAMBODIA) CO., LTD” project will establish a cassava processing factory in O Sram village, Trapeang Tao commune, Anlong Veng district, Oddar Meanchey province. With an investment capital of approximately 10.4 million US dollars, this project is expected to generate 99 jobs.

3. The “WICKIMED (CAMBODIA) SUPPLY CO., LTD” project will establish a medical equipment factory located on National Road 41, Building 6, Trapeang Chhouk Village, Bor Seth Commune, Bor Seth District, Kampong Speu Province. With an investment capital of around 6.3 million US dollars, this project is anticipated to create 218 jobs.

4. The “CMB & CHN CO., LTD” project plans to establish a food processing factory in Veal Village, Kampong Seila Commune, Kampong Seila District, Preah Sihanouk Province. With an investment capital of approximately 6.1 million US dollars, this project will likely create 120 jobs.

5. The “ELITE ENTERPRISE (CAMBODIA) CO., LTD” project aims to establish a garment factory in Ang Village, Sangkat Choam Chao III, Khan Por Sen Chey, Phnom Penh. With an investment of approximately US$ 5.3 million, this project is expected to generate 2,723 job opportunities.

6. The “L T K J (CAMBODIA) CO., LTD” project will establish a pipe factory that produces various types of pipes in Pdao Pen Village, Tang Krouch Commune, Samrong Tong District, Kampong Speu Province. With an investment capital of around 5.2 million US dollars, this project is anticipated to create 588 jobs.

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