Government help needed to improve SME market access
KT: How does FASMEC plan to help promote SMEs? Taing Por: In order to liaise with SMEs, FASMEC will open branches in 25 provinces nationwide in May. This will enable investors to be matched with provincial business partners. We will be focusing on SMEs in the agriculture and handicraft sectors. We don’t want to see SMEs in these sectors to be just concentrated in Phnom Penh. We hope to set up provincial industrial parks where SMEs can also operate in other parts of Cambodia. Hopefully, we can attract foreign investors to invest in these industrial parks and help promote our local markets. The SME sector is vital. It’s indeed the backbone for the country’s economic growth. It provides Cambodians jobs and incomes, thus reducing the country’s poverty.
