In 2022, SVI Cambodia (SVI AEC) continues to experience tremendous growth. Revenue is expected to increase by 100% from USD 33 mn achieved in 2021 to over USD 60 mn in 2022. SVI AEC’s Our labor force has also increased from 500 people in 2021 to 800 people currently and is expected to reach 1,000 by the end of 2022.
In Q3, and Q4 of 2022, SVI AEC will continue to maintain the growth of existing customer group and also receive several customers transfer from SVI Thailand. This is mainly due to the cost efficient solution and the US tax benefits that AEC is able to offer to SVI Group’s existing customers.
SVI AEC is also expanding its area by 25,000 sqm. bringing the total area to 35,000 sqm., which is expected to be fully complete by the end of 2022. In addition to the increased manufacturing space, expansion plans include interior renovation, employee recreation area as well as a new canteen.
SVI AEC continues to actively recruit new employees for all functions including engineers, production management and office staff. If you’re up for a new and exciting challenge, please come join us!