Kampuchea Has Increasingly Become A New Choice For Trade And Investment In Textile And Garment Industry.
< p > Thailand Kai Tai Research Center believes that with the increase of production costs in Thailand, Kampuchea has increasingly become a new choice for trade and investment in textile and clothing industry, and the special economic zones and industrial parks located in Kampuchea provinces are the most suitable investment bases, including the surrounding areas of Phnom Penh, Svay Rieng, bu Di cotton Zhi Zhi, Sihanouk port and the industrial park of ggogong Province, especially the surrounding area of Phnom Penh City, because the public facilities and transportation lines in this area are relatively complete, and the transportation of raw materials and finished products is more convenient. < /p >
< p > research also pointed out that Kampuchea's domestic textile and upstream products such as yarns and fabrics, which are used as raw materials for downstream production, are short of output and can not meet the needs of their domestic textile and garment production lines. Therefore, large quantities of imports are needed. Thailand investors should make full use of Kampuchea's location advantages, low tariffs and the quality of products recognized by trade partners into Kampuchea's upstream textile products market. According to the Kai Tai Research Center, the total value of Thailand's upstream textile products to Kampuchea in 2013 is expected to reach US $120 million, an increase of 25% over the same period last year. < /p >
< p > Kai Tai Research Center believes that Kampuchea's clothing export potential is huge. Meanwhile, with Kampuchea's economic growth, its domestic clothing consumption demand also has growth potential. Therefore, Thailand textile enterprises should grasp the opportunity to expand investment in Kampuchea's upstream and middle reaches, and supply raw materials to Kampuchea's garment industry. < /p >
< p > despite the advantages of attracting foreign investment in Kampuchea, Thailand investors must pay attention to the hidden costs that may lead to higher operating costs and the disadvantages of low labor skills. Because of the low skill level of workers, local production is limited to tailoring, sewing and trimming. Most of the products are still cheap products, and the production of high value-added products is very limited. At the same time, other countries mainly invest in foreign countries and occupy a larger market share with economies of scale. Therefore, the Thailand manufacturers who want to expand their market in Kampuchea should position their products in the middle and high grade, and should not compete for the market share with the low price strategy, because the Thailand products can only compete at the inferior position in the middle and low market competition. < /p >
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