Logo of Phnom Penh Post newspaper Phnom Penh Post - New footwear association slated to attract investors

New footwear association slated to attract investors

Content image - Phnom Penh Post
The Cambodia Footwear Association (CFA) was launched on Saturday. Hean Rangsey

New footwear association slated to attract investors

Cambodia is expected to attract more investors to the footwear industry with the setting up of the Cambodia Footwear Association (CFA).

During the launch of the CFA on Saturday, chairman Ly Khunthay said: “Looking at the tremendous growth of the footwear industry in Cambodia over the past few years, there had been a push for the establishment of an association to come together as one voice to support and promote the footwear industry.

“We will focus on the important tasks of improving market flow by maintaining a favourable trade environment and mobilising investors from all over the world to come and invest in the Cambodian market through trade deals and partnership dialogues,” he said.

Khunthay told The Post that he expected the Cambodian footwear industry to grow.

The CFA has joined the Confederation of International Footwear Associations and invited delegations of footwear manufacturers from 11 countries including Japan, India, China, Hong Kong and Taiwan to attend its inauguration ceremony.

“We also brought them [investors] to visit footwear factories in Cambodia. We hope to attract them to invest and establish

factories after their visits,” he said.

There are currently 83 footwear factories and 70 footwear material suppliers registered in Cambodia, all of which are CFA members.

The sector employs about 130,000 workers, with factories based in Phnom Penh and Kampong Cham, Takeo, Kampong Speu and Kandal provinces and Svay Rieng province’s Bavet town, said Khunthay.

“Our association represents all factories in Cambodia and provides them with information and coordination with relevant ministries, for example, holding brief seminars for employers on legal issues and leading delegations in footwear industry meetings overseas,” he said.

Investors in the Kingdom’s footwear industry come from China, Taiwan, Malaysia, Japan and South Korea, and its market is Europe, the US, Japan, Canada, Australia and Asean countries.

Minister of National Assembly-Senate Relations and Inspection Men Sam An, who attended the inauguration ceremony, called on the CFA and footwear companies to further their efforts to develop the industry and strengthen its competitiveness in international markets.

“I fully support the establishment of this association to act as a coordinated intermediary and to work with the government and private sector and contribute to the promotion and development of the

footwear production sector in Cambodia,” she said.

Cambodia Chamber of Commerce vice-president Lim Heng told The Post that the association will help find investment partners and solve the challenges faced by footwear factories in the Kingdom.

“This association serves as a voice to negotiate with purchasers and to work with the International Labour Organisation [ILO] and the government. When faced with challenges, [the CFA] will help them [the footwear factories] deal with them,” he said.

In the first half of this year, footwear exports, which are produced as part of the US’ Generalised System of Preference and Most Favoured Nation programmes, increased by 14.61 per cent year-on-year to more than $563 million, according to a Ministry of Commerce report.

A report released by ILO in July showed that Cambodia was among the top 10 footwear producers, exporting more than $1 billion worth of footwear products last year – up 19 per cent from 2017.

The Kingdom’s main export markets for footwear are Europe (46 per cent), the US (17 per cent) and Japan (12 per cent).

Cambodia’s garment and footwear exports were valued at $10 billion last year – up 24 per cent from $8 billion in 2017 – said a 2018 report from the National Bank of Cambodia.


  • Prince Norodom Ranariddh passes away at 77

    Prince Norodom Ranariddh, the second son of the late King Father Norodom Sihanouk and former First Prime Minister of Cambodia, has passed away in France at the age of 77. “Samdech Krom Preah Norodom Ranariddh has passed away this morning in France just after 9am Paris-time,”

  • General’s gun smuggling ring busted

    The Military Police sent six military officers to court on November 22 to face prosecution for possession of 105 illegal rifles and arms smuggling, while investigators say they are still hunting down additional accomplices. Sao Sokha, deputy commander of the Royal Cambodian Armed Forces and commander of

  • Cambodia, Thailand to discuss border reopening

    Cambodian authorities from provinces along the Cambodia-Thailand border will meet with Thai counterparts to discuss reopening border checkpoints to facilitate travel, transfer of products and cross-border trade between the two countries. Banteay Meanchey provincial deputy governor Ly Sary said on November 22 that the provincial administration

  • More Cambodians studying in US

    The number of Cambodian students studying at US colleges and universities in 2020-21 increased by 14.3 per cent over the previous year despite the Covid-19 pandemic, according to a recent US government report. The 2021 Open Doors report on International Educational Exchange showed that 848 Cambodian students studied

  • Banteay Meanchey gunfight sees 15 Thais arrested, three officers injured

    The Banteay Meanchey Military Police have arrested 15 Thai suspects and their accomplices after a gun battle between two Thai groups caused injuries to three police officers in the early hours of November 21, local authorities said. National Military Police spokesman Eng Hy said that according to

  • PM: Do not defile Tonle Sap swamp forest or else

    Prime Minister Hun Sen ordered police to arrest anyone – including government officials – involved with the deforestation of the flooded forests surrounding the Tonle Sap Lake because it is an area important to the spawning of many species of fish, among other reasons. Speaking in a