BrilliA Expands Production Capacity with New Facility in Cambodia
BrilliA Inc. plans to expand its production capabilities with a new facility in Cambodia through a partnership with Magic Link Garment Ltd. The move aims to enhance operational efficiency and potentially increase revenue by up to $5 million in 2025. The Cambodia facility offers strategic benefits, including trade advantages and stable economic conditions, positioning BrilliA for future growth.
BrilliA Inc., a prominent provider of ladies’ intimate apparel, has announced plans to expand its production capacity by establishing a new facility in Cambodia through a partnership with Magic Link Garment Ltd. This strategic move is expected to enhance operational efficiency and potentially increase BrilliA’s projected revenue by up to $5 million in 2025, contingent on several market factors.
The new facility will be situated in the Poipet O’Neang Special Economic Zone, covering 20,000 square meters and equipped with 80 production lines. By leveraging Cambodia’s favorable trade conditions, BrilliA aims to enhance its manufacturing capabilities and maintain competitive pricing in the market.
Manufacturing in Cambodia presents several strategic advantages, including duty-free access to Canada under Canada’s Market Access Initiative, thus allowing competitive entry for Cambodian apparel. Additionally, exports to the EU continue to benefit from reduced tariffs under the Everything But Arms program. Furthermore, Cambodia’s stable economy and commitment to expanding its garment sector positions it as a reliable production hub.
BrilliA’s CEO, Kendrew Hartanto, stated, “Expanding our production capabilities in Cambodia is a strategic step forward. This agreement strengthens our ability to meet increasing customer demand while maintaining high standards of quality and operational control. We anticipate that this additional capacity will improve our competitiveness and contribute meaningfully to our revenue growth in 2025 and beyond.”
Magic Link Garment Ltd., based in Hong Kong, specializes in women’s intimate apparel, operating in both Cambodia and China. Under the forthcoming agreement, Magic Link will manufacture select BrilliA products, ensuring efficient supply chain management while maintaining independent operations.
BrilliA is the go-to provider for ladies’ intimate apparel brands, handling various aspects including sourcing, design, and logistics for notable global names such as Fruit of the Loom and H&M. The company has issued a cautionary note regarding forward-looking statements that may involve risks and uncertainties affecting anticipated revenue growth and the influence of the new facility.
For inquiries, BrilliA Inc. can be contacted at their Singapore office or through their investor relations team, providing avenues for further information regarding this significant expansion initiative.
In conclusion, BrilliA Inc.’s strategic expansion into Cambodia is poised to enhance production capacity and competitiveness in the intimate apparel market. This partnership with Magic Link Garment Ltd. aims to leverage favorable trade policies and economic stability, projecting a potential revenue increase of up to $5 million in 2025. The endeavor highlights BrilliA’s commitment to meeting growing customer demands while maintaining operational excellence.
Original Source: www.manilatimes.net
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