Cambodia, Japan trade up

11 November 2014
The Phnom Penh Post
Economy and commerce / Foreign investors / Government / Investment / Ministries and other national bodies / Ministry of Commerce / Trade
Japan External Trade Organization / Japanese aid / JETRO / Ministry of Commerce

Cambodia is quickly becoming a hub for Japanese exports, according to the latest figures from the Japan External Trade Agency, JETRO. The state-run agency’s latest trade figures show Cambodia exported more than $584 million worth of locally made products to Japan over the first nine months of the year. The result represents a 35 per cent increase compared to the same period in 2013 – the largest year-on-year increase of all ASEAN nations. ... Cambodia’s 100 per cent foreign ownership laws and cheap labour have proven to be lucrative drawcards for Japanese manufacturing firms. Today, in addition to garment factories, auto-parts makers Minebea and Yazaki Corporation and electrical products maker Sumi have all set up manufacturing operations in Cambodia, which then ship back to Japan. ...

 Hor Kimsay
http://phnompenhpost.com/business/cambodia-japan-trade