Indonesian textile manufacturer Sri Rejeki Isman has signed a $50 million deal with Cambodia's Interior Ministry to supply uniforms for the country's police and armed forces. The company, better known as Sritex, will soon open a garment manufacturing plant in Cambodia.
The Indonesian Foreign Affairs Ministry said in a statement that Sritex and the Cambodian government have agreed to set up a joint venture, named Sritex Cambodia, to establish the uniform plant and manage related procurement made by the country.Indonesian textile manufacturer Sri Rejeki Isman has signed a $50 million deal with Cambodia's Interior Ministry to supply uniforms for the#
According to Merati Irawati, the Indonesian Embassy's Head of Economic Affairs, the company planned to build the factory in Kandal province by the end of the year, and that it would employ 400 people and supply uniforms to police and armed forces once it was up and running.
Until then, Sritex said it will supply the country with uniforms from its Indonesian factories.
But despite being a relatively high-profile deal, the Garment Manufacturers Association in Cambodia, which represents most of the country's garment factories, said it knew nothing about it, according to a Cambodian newspaper.
Sritex is expanding its export market and plans to enter Spain, France, Hong Kong and Peru this year. (SH)
Fibre2Fashion News Desk – India
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