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Brief of Cambodia on Situation of Industry and SME under the MIH
Ministry of Industry & Handicraft (MIH) Cambodian Accreditation National Council (CANC) Department of Accreditation (DA) The Belt and Road Accreditation Development Workshop 04-15 September 2017, China Presentation on Brief of Cambodia on Situation of Industry and SME under the MIH By Mr. Lim Hong Deputy Chief Office, Department of Accreditation
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Department of Accreditation
Cambodia at a Glance LAND AREA POPULATION 181,035 Km2 15.6 million (at 2016) GDP growth : average over 7.7% per annum for the last two decades POPULATION GROWTH RATE Stable macroeconomic environment 1.54 % US$ 1 = Riel 4,050 $1,215 (2015) at 2015 Inflation rate 2.8% (end of period rate of 2016) B2 RATING DEBT By Department of Accreditation (DA)
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Department of Accreditation
By Department of Accreditation (DA)
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Department of Accreditation
Cambodia GDP per Capita 1993 = USD 229 2014 = USD 1,138 2015 = USD 1,215 2016 = USD 1,300 - Poverty Rate 2004 = 53,2% 2014 = 13,5% 2015 = Cambodia leave from LDC to Low Middle Income Country 2030 = Cambodia would become high Middle Income Country 2050 = Cambodia would become Developed Country By Department of Accreditation (DA)
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Department of Accreditation
Access to World Markets 1. Access to the U.S. market – Access to the E.U. market – Member of the Association of South-East Asian Nations (ASEAN) – 1999, AEC in Member of the World Customs Organization (WCO) Member of the World Trade Organization (WTO) Member of various regional trade agreements By Department of Accreditation (DA)
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Department of Accreditation
Infrastructure & Location Completed ASEAN highway linking Thailand, Cambodia, Vietnam Completed ASEAN highway linking Cambodia, Lao PDR, China Finished upgrading national road network Rehabilitating National Railways as part of Singapore – Kunming rail link Upgraded Sihanoukville Port (new general cargo terminal) Upgraded Phnom Penh Port / new container port Upgraded Phnom Penh, Siem Reap, and Sihanoukville Airports Finalized installing fiber optic cable across the country Construction of new power plants By Department of Accreditation (DA)
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Department of Accreditation
By Department of Accreditation (DA)
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Department of Accreditation
Investment by Country By Department of Accreditation (DA)
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Department of Accreditation
Investment by Sector By Department of Accreditation (DA)
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Department of Accreditation
Phnom Penh By Department of Accreditation (DA)
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Department of Accreditation
Phnom Penh By Department of Accreditation (DA)
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Department of Accreditation
Phnom Penh By Department of Accreditation (DA)
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Department of Accreditation
A. Industry Industry shared to GDP 1993 : 12.6% 2006 : 26.2% 2013 : 24.1% 2014 : (Growth Ind: 9,7%, Service: 7,5%, Agri: 2,6%) 2016 : (Growth Ind: 11,4%, Service: 6,7%) 2025 : at least 30% of Industry will share to Cambodia’s GDP By Department of Accreditation (DA)
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Department of Accreditation
B. SMEs SME plays important role in Cambodia’s Economy: a)- 70% of employment, b)- 99.8% companies, and c)- 58% Sales arise from SME. d)- 60% of Cambodian entrepreneurs are women Important sectors of Cambodia SMEs are Food Processing, Apparel, Chemical Products and Non-metallic mineral products By Department of Accreditation (DA)
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By Department of Accreditation (DA)
Please go to visit MIH and DA Website: MIH : DA : Facebook of DA: នាយកដ្ឋានវាយតម្លៃទទួលស្គាល់ By Department of Accreditation (DA)
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Thank you for Your Attention
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