HIGH TIME FOR CAMBODIAN TEXTILE INDUSTRY TO UPGRADE, ADB SAYS, BUT LACK OF INDIGENOUS SKILLS POSES CHALLENGE
December 12th, 2014
THE MANILA-based Asian Development Bank (ADB) has urged Cambodia to upgrade its manufacturing sector, including by developing textile production and finishing, to successfully transition from a low-income to a middle-income country, according to the bank’s November report.In its ‘Cambodia: Diversifying beyond garments and tourism - country diagnostic study’, the bank noted the key challenge in the survival of the country’s garment sector was the country’s focus on low-value, labour-intensive cut-make-trim activities. Garment and a small amount of ...
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