Cambodia Launches New Strategy to Develop MSMEs, Hailing Them as 'Backbone of National Economy'
Economy

Cambodia Launches New Strategy to Develop MSMEs, Hailing Them as 'Backbone of National Economy'

Cambodian Prime Minister Hun Manet has launched a national strategy for 2026-2030, designating Micro, Small, and Medium Enterprises (MSMEs) as the 'backbone of the national economy.' The strategy aims to foster MSMEs to create jobs, boost domestic production, and strengthen economic resilience.

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  • Cambodia Launches National Strategy for SME Development 2026-2030

    Cambodian Prime Minister Hun Manet announced the "National Strategy for Micro, Small, and Medium Enterprise Development 2026-2030." The strategy designates SMEs as key drivers of economic growth, aiming to boost job creation and domestic production. As of September 2026, over 44,000 registered SMEs and handicraft businesses employed nearly 500,000 people.

  • Cambodia Launches New SME Development Strategy for Economic Growth

    Cambodian Prime Minister Hun Manet has launched the National Strategy for Micro, Small, and Medium Enterprise Development for 2026-2030. The strategy positions SMEs as crucial drivers of economic growth, aiming to boost job creation and domestic production.