Compass Real Estate > Cambodia Real Estate Information > Rent&Buy > Cambodian Garment Industries Are Preparing For The Sustainable Future And Attracting More Investment

Cambodian Garment Industries Are Preparing For The Sustainable Future And Attracting More Investment

2021-08-30
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Summary:How will Cambodian garment industries attract more investment? Read more to find out!

Garment manufacturers in Cambodia are now adopting sustainable energy practices in order to save energy, increase production efficiency, and react to consumer demand for environmentally friendly clothing. According to a recent news release, Switch Garment, in collaboration with The Energy and Resources Institute (TERI) and the Institute of Technology of Cambodia (ITC), began a series of energy audits in garment factories around Cambodia in August. The Switch Garment energy audits will assess the energy intensity of garment manufacturers' facilities, identify cost-cutting and production-optimization opportunities, and inform clean energy investment by factories as well as factory training needs to promote sustainable energy practices. Faced with pressure from overseas clients to reduce environmental impacts, 30 companies have joined the Switch Garment initiative so far, with another 20 expected to join later this year.

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As more garment manufacturers embrace sustainable energy practices, Cambodia is expected to attract more investments in the near future, accelerating the country's economic recovery.

The revival of the economy, on the other hand, leads to increased commercial and logistical flow. If you're looking for warehouses to store business merchandise for logistic and product investment, Compass can assist you choose convenient warehouses and storage near manufacturers. Click on the cards below for more information ↓

Disclaimer: The re-forward articles on Compass website are for the purpose of conveying more information, and it does not mean that the Compass website agrees with its views or confirms the authenticity of its content. Article noted as "Source: Compass original", please note that the source from Compass. The content of the article is for reference only and should not consider as investment advice, and it does not mean that Compass agree with its views.

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