Logo of Phnom Penh Post newspaper Phnom Penh Post - Workers look to recoup millions in asset sales

Workers look to recoup millions in asset sales

Garment workers gather in front of the closed Great Honor Textile Factory earlier this week in Kandal province. Photo supplied
Garment workers gather in front of the closed Great Honor Textile Factory earlier this week in Kandal province. Photo supplied

Workers look to recoup millions in asset sales

Three hundred garment workers protested outside Sihanoukville’s Royal Crowntex International factory yesterday urging local authorities to expedite the sale of the firm’s assets, a move already ordered by the provincial court.

The factory, based in the city’s special economic zone, stopped paying workers in May, and production ceased a month later, after which the owner allegedly fled the country.

Ath Thorn, president of the Coalition of Cambodian Apparel Worker’s Democratic Union, said the union inspected the machinery in the factory and was hopeful it would yield enough to pay all the workers.

“We went to assess the assets and hope all this property could be used to pay $2.4 million to all 800 employees,” he said. He said the court order was issued only after workers protested multiple times in July.

One of those workers, Sam San, yesterday said they needed the sale to go through quickly.“We’ve been waiting for months to get our wages and severance,” she said.

Separately, another court order was issued yesterday for the sale of the Great Honor garment factory’s assets in Kandal. The order follows 300 workers protesting outside Prime Minister Hun Sen’s house in Phnom Penh.

Kandal deputy governor Kim Rithy confirmed that authorities have been authorised to sell the factory’s assets and will ensure all workers get paid.

Som Aun, president of the Cambodian Council of National Unions, said the sale would need to yield close to $3 million to pay the workers.

MOST VIEWED

  • Stock photo agencies cash in on Khmer Rouge tragedy
    Stock-photo companies selling images from S-21 raises ethics concerns

    A woman with short-cropped hair stares directly into the camera, her head cocked slightly to the side. On her lap is a sleeping infant just barely in the frame. The woman was the wife of a Khmer Rouge officer who fell out of favour, and

  • Prime Minister: Take back islands from inactive developers

    The government will “take back” land on roughly 30 islands from private companies that have not made progress on planned developments, Prime Minister Hun Sen said in a speech on Monday that also targeted land-grabbing villagers and idle provincial governors. Speaking at the inauguration of the

  • Land on capital’s riverfront is opened up for investment

    The government has signed off on a proposal to designate more than 9 hectares of land along Phnom Penh’s riverfront as state-private land, opening it up for private investment or long-term leasing. The 9.25-hectare stretch of riverfront from the capital’s Night Market to the

  • Royal Group's Koh Rong luxury hotel officially opens

    The Royal Sands Koh Rong hotel on Monday marked its official launch as the first luxury resort on Cambodia’s most visited island. Prime Minister Hun Sen presided over the inauguration of the hotel, which has been open since December, and features rooms priced at