Chinese apparel manufacturer Shenzhou to open factory in Cambodia

 

Shenzhou International Group Holdings, a prominent Chinese apparel manufacturer, is all set to open a garment unit, dubbed Marvel garment Company, in Cambodia.

After being in the country for 14 years, the Chinese firm broke the ground on 6 March to build its US $ 150 million factory in the Phnom Penh Special Economic Zone.

The ground-breaking ceremony was attended by Lieutenant General Hun Manet, Deputy Commander-in-Chief, Royal Cambodian Armed Forces and Wang Wentian, Chinese Ambassador to Cambodia.

Lieutenant General Manet said that company’s decision to set up a unit in Cambodia reflected its relentless confidence in country’s peace, stability and development.

He also added that the investment in setting up the garment factory in Cambodia was instrumental in helping the country develop its Industrial Development Policy 2015-2025.

While applauding the efforts of the Government, Ma Jianrong, Chairman, Shenzhou International Group Holdings, said “All through our 14 years in Cambodia, we appreciate the supportive policies of the Government as well as the hard work of its people.”

In last 14 years, the firm has, reportedly, grown to become one of the biggest textile manufacturers in Cambodia with an export value of US $ 440 million in 2018.

The company currently employs nearly 11,500 workers, but once the factory gets completed in March 2021, it is expected to create 17,000 jobs.

Shenzhou is at present one of the largest apparel suppliers of Nike.

 

 

1119/apparelresources/070319//MKMA7

Back to Home