Commerce Minister Asks ASEAN to Help Strengthen SMEs in Cambodia

Cambodian Commerce Minister H.E. Pan Sorasak has called on ASEAN businessmen to study the possibility to help developing and strengthening the capacity of small and medium enterprises (SMEs) in the country so as to ensure long term operation, said the Ministry of Commerce in a news release.

Addressing to a round table discussion under the topic Call for Action: Initiating ASEAN Mentorship for Entrepreneurs Network (AMEN) held in Manila the Philippines last week, H.E. Pan Sorasak underlined the importance of participation from developed ASEAN member states in sharing experience and transferring knowledge on SMEs management to Cambodia in order to realise the ASEAN Community Vision 2025 of bringing progress for all.

We want the participation and support from the private sector of other ASEAN member states through Public-Private Partnership to elaborate legal norms and create different vocational training projects to promote the production chains and the export capacity of the SMEs in Cambodia, he said.

According to the ASEAN Business Advisory Council (ASEAN BAC), the ASEAN Mentorship for Entrepreneurs Network (AMEN) is a flagship programme designed to facilitate the scaling up of the micro- and small enterprises in the ASEAN region through mentorship. The mentors are to be sourced from the three major groups, namely: the entrepreneurs, the business practitioners, and the academicians.

Source: Agency Kampuchea Press