Local production still lagging
As the cost of imports rise, local producers could see an opportunity to increase their market share, but for most a lack of output and quality means potential is limited, industry observers said yesterday. …
Customs officers who had often undercut the official rate are now enforcing the correct rates, leading to price increases in the marketplace.
Meng Saktheara, director-general of the Industry and Secretariat of the Small and Medium Enterprise subcommittee, said hikes on imports may benefit local producers, but the majority of SMEs were not ready to step in to replace more expensive imports from neighbouring countries. …
Saktheara said Cambodia has about 30,000 local producers, while regional countries have “millions”. …
Hor Kimsay
http://www.phnompenhpost.com/business/local-production-still-lagging
