SME in Industry - KHMERSME<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.khmersme.gov.kh\/en\/sme-in-industries\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SME in Industry - KHMERSME\" \/>\n<meta property=\"og:description\" content=\"Micro, small and medium enterprises (MSME) are often regarded as the engine of growth in developing and developed countries given their contribution to a country\u2019s economy and employment. In Cambodia, MSMEs represent 70% of employment, 99.8% of companies, and contribute 58% to the Gross Domestic Product. 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Micro, small and medium enterprises (MSME) are often regarded as the engine of growth in developing and developed countries given their contribution to a country\u2019s economy and employment. In Cambodia, MSMEs represent 70% of employment, 99.8% of companies, and contribute 58% to the Gross Domestic Product. How MSMEs are defined is important for access to finance and Cambodia support programmes targeted specifically at enterprises that can be classified as such.<\/p>\n\n\n\n

<\/div>\n\n\n\n

Definition of SMEs in Industry<\/strong><\/h4>\n\n\n\n
Cambodia has a legal SME definition that was developed under the SME Development Framework in 2005. It disaggregates firms by size and includes criteria of both employment and value. In accordance with the result of the 2^{nd<\/sup> Meeting of the SME Promotion Committee\u00a0(SMEPC) at the Council Ministers of Cambodia on January 21, 2021, SMEs are categorized into three sectors: (1) Agriculture, (2) Industry, and (3) Services and Trading. SMEs shall comply with two conditions: (a) Number of Employees (b) and either Annual Turnover or Asset.<\/p>\n\n\n\n}
$\"\"$ <\/figure>\n\n\n\n
According to SMEs and Manufacturing Sectors Statistics from the Ministry of Industry, Science, Technology, and Innovation, the following figure compares a share of sectors in the manufacturing industry of all the establishments that include micro enterprises, SMEs and large enterprises as of 2016: <\/p>\n\n\n\n
Food, beverage, and tobacco products (80.39%)<\/li>
Fabricated metal products (6.16%)<\/li>
Other manufacturing, including furniture products (4.79%)<\/li>
Textile, clothing and leather related products (4.68%<\/li>
Basic metal products (0.03%)<\/li>
Non-metallic mineral products (2.91%)<\/li>
Chemical and chemical products; rubber and plastic products (0.86%)<\/li>
Paper and paper products; and printing products (0.18%)<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"
Micro, small and medium enterprises (MSME) are often regarded as the engine of growth in developing and developed countries given their contribution to a country\u2019s economy and employment. In Cambodia, MSMEs represent 70% of employment, 99.8% of companies, and contribute 58% to the Gross Domestic Product. How MSMEs are defined is important for access to […]<\/p>\n","protected":false},"author":1,"featured_media":2176,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"acf":[],"yoast_head":"\nSME in Industry - KHMERSME<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.khmersme.gov.kh\/en\/sme-in-industries\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SME in Industry - KHMERSME\" \/>\n<meta property=\"og:description\" content=\"Micro, small and medium enterprises (MSME) are often regarded as the engine of growth in developing and developed countries given their contribution to a country\u2019s economy and employment. 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