PHNOM PENH: The Garment Manufacturers Association of Cambodia (GMAC) has officially changed its name to the “Textile, Apparel, Footwear & Travel Goods Association in Cambodia” (TAFTAC).
This renaming intends to help the diversification of the garment and industrial sectors, which is generally aimed at attracting more value-added production activities, as a new basis for future socioeconomic development.
The name change ceremony was honored by the Deputy Commander in Chief of the Royal Cambodian Armed Forces and the Commander of the Army, Lt. Gen. Hun Manet.
Speaking at the event, Lt. Gen. Hun Manet thanked the association for its cooperation with the Royal Government of Cambodia, not only providing employment to Cambodians but also participating in further social work, including support provided during the Covid-19 crisis and for demining activities.
"I would like to commend GMAC or TAFTAC for their active efforts in the socioeconomic development of Cambodia and their participation in various social activities with heart and philanthropic spirit," he said.
As of October 2022, there are 1,313 registered garment factories in Cambodia, employing 901,629 workers. Thanks to the achievements of the garment sector, Cambodia has been able to achieve an average economic growth of 7% per year over the last two decades, contributing to the reduction of poverty at a significant rate.
