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Logo of Phnom Penh Post newspaper Phnom Penh Post - Footwear exports hit $22 million

Footwear exports hit $22 million

Footwear exports hit $22 million

Cambodia exported $22 million worth of shoes in the first quarter of 2008, according to the Ministry of Economy and Finance (MEF), with industry insiders predicting new foreign-owned companies to swell local production. Tiger Wing Co., a Japanese-owned firm based in Cambodia, plans to produce high-quality exports for the Japanese market. “We plan to produce 50,000 pairs by the end of this year and 200,000 pairs once we’re in full production,” said Tiger Wing director Sakamoto Naoyuki.

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