• Linkdin

Investors return to the apparel sector

15 Jun '10
1 min read

As per the Garment Manufacturers Association of Cambodia (GMAC), the four investments accepted by the Council for Development of Cambodia (CDC) in May were within the apparel industry, thereby, pointing at the return of investors' confidence in the sector.

Last month, the value of CDC-accepted investment projects in the Kingdom, summed up to US $18.67 million, witnessing a rise of 61.3 percent over the same month, May, figures recorded last year which stood at $11.57 million.

Projects approved in May comprise of construction of new apparel firms and are funded by companies based in Thailand, South Korea, Taiwan and China. This indicates an improvement of the apparel sector as against last year.

During the last five months of 2010, $45.63 million worth of investments have been accepted for the apparel sector. But the fund inflows have differed per month, for instance, it was $2 million in January, $4.35 million in February, in March funds received were $11.09 million, April recorded $9.52 million and $18.67 million was received in May.

Fibre2Fashion News Desk - India

Leave your Comments

Esteemed Clients

Woolmark Services India Pvt. Ltd.
Weitmann & Konrad GmbH & Co. KG
VNU Exhibitions Asia
USTER
UBM China (Shanghai)
Tuyap Tum Fuarcilik Yapim A.S.
TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
X
Advanced Search