Cambodia’s gradual shift to medium- and high-tech manufacturing

AI Summary

Cambodia is experiencing a gradual shift from traditional low-cost manufacturing sectors like garments and footwear to more medium- and high-tech manufacturing industries. This economic transition reflects structural changes influencing Cambodia's industrial landscape.

For decades, external observers viewed Cambodia through a predictable economic lens: a low-cost hub heavily reliant on the garments, footwear, and travel goods (GFT) sector. However, a structural shift has quietly accelerated. Cambodia’s gradual shift to medium- and high-tech manufacturing appeared first on Khmer Times.