Manufacturing in Cambodia: Moving Beyond Garments to Electronics and Automotive Parts

📊Executive Summary
Cambodia is evolving as a low-cost manufacturing hub, transitioning from a garment-centric economy to higher-value sectors like electronics and automotive parts. The electronics sector has seen significant growth, with exports rising to over $730 million in 2023, driven by foreign direct investment and strategic government initiatives. However, the country still relies heavily on imported components, indicating a need for deeper integration in the supply chain. The automotive parts sector is also gaining traction, with a notable increase in export shipments. This diversification is crucial for Cambodia to mitigate risks associated with over-reliance on garments and to enhance its industrial resilience....
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