Banteay Meanchey’s Thriving Industrial Sector Employs Nearly 30,000 Workers in 2,000 Businesses

• 4 September 2024
• Local News
• 1061 Views

Banteay Meanchey province has established industrial parks, special economic zones, and handicraft businesses with a total number of 2,000 collectively creating employment for nearly 30,000 people. According to HE Oum Rath, Governor of Banteay Meanchey, during a statement on 20 August 2024, the province is home to five special economic zones, of which three are operational, along with one industrial park that employs more than 7,000 workers.

Additionally, the region has over 2,000 handicraft businesses that provide jobs to approximately 20,000 people. This industrial and economic growth has enabled the province to sustain employment for nearly 30,000 individuals.

HE Oum Rath highlighted the pivotal role of peace in the province, which has allowed these economic zones and parks to thrive, generating monthly wages exceeding USD 3 million. He also noted the significant presence of foreign investors, with most investments originating from Thailand and Japan. In the Poipet Special Economic Zone, nine Japanese-owned factories are operational, though they currently employ only 200 workers. In contrast, Thai factories, particularly in the garment sector, employ between 3,000 and 5,000 workers.

• Economy and Finance