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    The Government Of Kampuchea Has Retained The Minimum Wage Of The Garment Industry To Raise To $140.

    2015/10/28 15:04:00 19

    KampucheaGarment IndustryShoes

      

    The garment industry has become Kampuchea's "economic lifeline". It now accounts for more than 40% of GDP, while clothing and shoes account for 58% of exports.

    Due to the increase in labor costs, some of Kampuchea's manufacturers are considering divestment, and the Kampuchea government is trying to retain them.

      

    Cambodia

    Premier Hong Sen said that although the government tried to stay, some factories decided to evacuate Kampuchea due to rising wage costs.

    Hong Sen, who presided over the opening ceremony of the national employment policy from 2015 to 2025 in October 22nd (2015), admitted that some manufacturers had sprouted to move to other lower wage countries, and that Kampuchea workers would lose their jobs.

    If the existing factories choose to move to other countries with lower labour costs, they must attract other industries with higher added value.

    It also pointed out that the government decided to raise the minimum wage of the garment and shoemaking workers in the Ming (2016) year from the existing US $128 to US $140, plus other benefits, and the workers could receive at least 157 to 168 US dollars per month.


    At the same time, the government is also committed to assisting workers in lighten their living load, including controlling inflation, passing the rent act, reducing the rental of workers and students, and so on.

    In order to further improve and improve the living standard of workers, the Department can enjoy the fruits of economic growth.

    Faced with the challenge of labour intensive factories moving away from Kampuchea, Hong Sen said that the government formulated the industrial development strategy from 2015 to 2025, and formulated strategies to attract more value-added industries to invest.

    It is hoped that the engine, machinery and automobile assembly plants can be attracted to invest, so that Kampuchea can export cars to other countries.

    In any case, the canal stressed that the government would not abandon labour intensive factories and would try to retain factories intended to evacuate Kampuchea.

    Since 2000,

    tailoring

    It has become the "economic lifeline" of Kampuchea, which now accounts for more than 40% of GDP, while clothing and

    shoes

    The proportion of exports accounted for 58%.

    In addition, Hong Sen also revealed that in the budget of the Ming Dynasty, the government decided to raise salaries for civil servants two times, adjusting civil service salaries in January 2016 and April respectively.

    The government plans to raise the minimum wage for civil servants to 1 million Cambodia (about 250 dollars) before the next general election in 2018.

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