investment

Small and Medium Scale Industry in Cambodia Will Be Strengthened for ASEANization – Tuesday, 23.2.2010

The Mirror, Vol. 14, No. 653

“Phnom Penh: Starting from 2015, member countries of ASEAN will exchange goods freely. Cambodia is among them, a country that is preparing to develop itself, while small and medium scale industry remains not so strong and needs further development so that it can compete with other ASEAN countries.

“Relating to the development of small and medium scale industry, the secretary of a Cambodian macro-micro industry community, Mr. Ouk Ren, spoke yesterday to Deum Ampil, saying, ‘The development of small and medium scale industry in Cambodia is speeding up, and its capacity has to be further strengthened for its ASEANization in 6 points: 1. Organization of leadership institutions, 2. Financial supporting systems, 3. Marketing networks, 4. Extensive communication, 5. Information and communication technology, and 6. Promotion of leadership ability in all sectors.’

“He added, ‘Most small and medium scale enterprises are operated as family businesses. Therefore, if we do not organize them, it will be difficult for them to relate to, and to integrate into foreign trade. It requires that public services are coordinated and that improvements happen so that developments are in line with the global commercial situation.’

“He emphasized, ‘Nowadays, there are more than 100 small and medium scale industrial enterprises operating in Cambodia. At present, they are facing a financial crisis, and everyone is trying to improving their operations in order to recover; but they have not prepared themselves to integrate with other ASEAN countries. Anyway, we have this policy direction, but we do not yet have explicit strategies. In the meantime, we need leadership from the Ministries of Industry, of Economy, and of Commerce, as the private sector cannot function without passing through these government institutions.’

“As for Siam [Thailand], the General Director of the Industrial Extension Department of Siam, Mr. Atith Vuthikaro [phonetic], said, ‘A few small and medium scale enterprises have established branches to cooperate in trade with other ASEAN countries.’

“He added, ‘In Cambodia, Vietnam, and Laos labor is cheap, and those countries provide good opportunities for Thai investment abroad, when Thai companies establish trade relations.’

“Mr. Atith went on to say, ‘Ten percent of the leading enterprises, or around 90,000, will concentrate on the expansion into ASEAN countries. Thirty percent of the Thai enterprises have been well developed. And many of those enterprises focus on food processing and the production of beverages.’

“The director general of a Thai industrial development structure, Mr. Manob Chaiwatana Suthorn [phonetic], said, ‘While seeking trading cooperation, we initially concentrate on Cambodia, Burma, Laos, and Vietnam, because these countries have cheap labor and a lot of raw materials for the development of small and medium scale enterprises.'” Deum Ampil, Vol.4, #417, 23.2.2010

Newspapers Appearing on the Newsstand:
Tuesday, 23 February 2010

Deum Ampil, Vol.4, #417, 23.2.2010

  • Small and Medium Scale Industry in Cambodia Will Be Strengthened for ASEANization
  • The Phnom Penh Municipality Plans to Introduce Uniforms for Moto-Taxi Drivers [and Tuk-Tuk drivers, to protect the safety of tourists, as some persons pretended to be moto-taxi drivers and caused many problems]
  • Cambodia Reconsiders Providing Family Books and Khmer Identification Cards to 24 Khmer Kampuchea Krom People [that the Thai authorities had arrested and sent to Cambodia]

Kampuchea Thmey, Vol.9, #2184, 23.2.2010

  • The Minister of Information Rejected the Information that Khmer Kampuchea Krom People [in Vietnam] Are Not Allowed to Watch Television Broadcasted from Cambodia
  • A Man Killed Two Nieces and Then Raped Them [they are four and twelve years old – Kampot]

Khmer Machas Srok, Vol.4, #609, 23.2.2010

  • [The vice president of the Sam Rainsy Party] Kong Korm Welcomes Democrats and Those Loving the Nation to Join [with the Sam Rainsy Party; this is seen as a response to the Human Rights Party that had called for unity]
  • Prince Norodom Sirivudh Will Be Appointed as a Member of the Constitutional Council, to Replace Son Soubert [whose term will terminate in two weeks]

Koh Santepheap, Vol.43, #6891, 23.2.2010

  • A Government Official Announced to Sue Mr. Sam Rainsy; [the head of the Cambodian Border Committee] Va Kimhong: Maps Accusing the Government [over the setting of border markers with Vietnam, used by Mr. Sam Rainsy] Are Fake

Moneaksekar Khmer, Vol.17, #3815, 23.2.2010

  • Sam Rainsy Party Parliamentarians Submitted a Draft [to the National Assembly] Requesting the Creation of a National Independent Board against Corruption

Phnom Penh Post [Khmer Edition], Vol.1, #118, 23.2.2010

  • Cambodia Appeals to Citizens to Be Careful when Traveling to Thailand [as there will be a big demonstration held by the red-shirt demonstrators, supporters of ousted and fugitive prime minister Thaksin Shinawatra, on 26 February 2010]
  • Investment Projects Approved by the Council for the Development of Cambodia in January This Year Dropped by 25% Compared to the Corresponding Period Last Year [the amount dropped from US$100 million to US$75 million]

Rasmei Kampuchea, Vol.18, #5133, 23.2.2010

  • China Invested from 1994 to 2009 US$7,025 Million in Cambodia

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