81240356a-GIZ MSME Development Support Project Cambodia

Cambodia achieved economic growth rates of around 7 % p.a. over the past 20 years. However, the economic and social disparities between urban and rural areas are increasing. Micro, small and medium enterprises (MSMEs) are the main economic drivers in rural areas, albeit with very low productivity and only a few sectors with a low level of added value. MSMEs face various challenges e.g. low competency of staff or insufficient supportive instruments and services. Acceptance of and trust in business institutions offering services is low. Government offers for MSMEs are limited. Against this background, the German Ministry for Economic Cooperation and Development (BMZ) has commissioned GIZ to implement the project “MSME Development Support in Cambodia”. It aims at improving the conditions for higher growth through the MSME sector by providing policy advice at the national level and implementing pilot measures to improve advisory and qualification measures for MSMEs at the local level.