FASMEC partners to introduce SME clusters
The Federation of Associations of Small and Medium-size Enterprise of Cambodia (FASMEC) will cooperate with the Thailand-based Mekong Institute to train master teachers in an effort to implement a small and medium enterprise (SME) cluster and export consortia in the coming years, according to officials. The two-day workshop will focus on the extension of economic efficiency through the monitoring of production, costs, operations and marketing in SME clusters, ultimately leading to export consortias. … Lay Navin, deputy general director of Industry at MIME, said Cambodia had around 37,000 independently-run SMEs registered with the ministry. She said that separated operations resulted in extra costs because small orders for raw materials were expensive, and independent SMEs lack the capacity to meet market’s big-scale demands. “MIME has projects to cluster SMEs in the country and now the Mekong Institute’s help have a project to cluster SMEs in the region under the cover CLMV,” she said.
