Thursday, March 23, 2023
Khmer Daily Cambodia News
34 °c
Phnom Penh
  • LATEST
  • CAMBODIA
  • ASIA
    • JAPAN
    • SOUTH KOREA
    • TAIWAN
  • WORLD
    • CHINA
    • RUSSIA
  • BUSINESS CAMBODIA
  • TECHNOLOGY
No Result
View All Result
  • LATEST
  • CAMBODIA
  • ASIA
    • JAPAN
    • SOUTH KOREA
    • TAIWAN
  • WORLD
    • CHINA
    • RUSSIA
  • BUSINESS CAMBODIA
  • TECHNOLOGY
No Result
View All Result
The Khmer Daily
No Result
View All Result
Home ASIA Cambodia

The Worldbridge i4.0 SME Cluster project in Cambodia officially break ground

November 28, 2020
in Business, Cambodia, National
0
The Worldbridge i4.0 SME Cluster project in Cambodia officially break ground
0
SHARES
60
VIEWS
Share on FacebookShare on Twitter

The Worldbridge i4.0 SME Cluster project has officially broken ground Friday. The cluster, located in Takhmao city of Kandal province opposite an affordable housing project and near the new Phnom Penh International Airport and Ring Road 3, is seen as an innovative and strategic solution for SMEs and industrial development in Cambodia.

Unlike special economic zones, industrial parks or traditional SME clusters, the i4.0 SME Cluster is an innovative solution which supports the government’s objectives under the Industrial Development Policy 2015-2025 and serves as a vehicle in which government policies supporting skills-based employment, SME development, agro-processing expansion and industrial diversification can be easily achieved.

Most importantly, it brings a new future for SMEs, entrepreneurs, the information communications technology (ICT) sector and manufacturing investment in the Kingdom by bringing them together into complete value chains.

Sear Rithy, chairman of the Worldbridge Group, said that i4.0 SME Cluster will be invited around $28 million to $30 million, excluding the price of the land. Rithy added the area of the SME cluster will take up six hectares of land. However, the company will expand if demand grows.

He said that the purpose of the establishing the Worldbridge i4.0 SME Cluster project is to promote and boost the competitive ability of the SME through the production, businesses, and services in one place which they can link to each other in the zone.

“The construction of the Worldbridge i4.0 SME Cluster project will take eight months, and is scheduled to be completed by end of 2021,” Rithy added.

He said that there are seven sections in the clusters. They include Service Centre (commercial centre, one window service centre, training, food court, medical centre, conference hall, and office space), Basic SME factory set (water supply, office space, showroom, logistics areas), Infrastructure (hybrid power supply, energy management system, building management system, treated water supply, industrial and domestic waste collection, waste water treatment plant, firefighting and emergency).

In addition, the cluster will be include logistics and services such as domestics transport services, import-export clearance service, on site custom services, cold storage packaging services, and value-added service). It also has the business amenities, worker amenities, and other supporting services, such as back house service (accounting, HR, marketing, and IT), input pre-processing, financial advisory, and loan services and others.

This article was first published in Khmer Times. All contents and images are copyright to their respective owners and sources.

Tags: CambodiaCluster project in CambodiaKandalPhnom PenhSear RithySME Cluster projectSME Cluster project in CambodiaWorldbridgeWorldbridge i4.0Worldbridge i4.0 SME Cluster
Previous Post

ADB approves $70 million loan to strengthen agricultural value chain and food safety in Cambodia

Next Post

Cambodia remains a world’s best tourism destination in 2020, Ministry of Tourism in Cambodia said

Related Posts

Nearly 10,000 national and international tourists flock to see Equinox at Angkor Wat Temple

Nearly 10,000 national and international tourists flock to see Equinox at Angkor Wat Temple

by Khmer Times
March 22, 2023
0
5

A total 8,726 national and international tourists this morning flocked to Angkor Wat Temple in Siem Reap provincial city to...

Cambodia’s 1st full flight simulator officially put into use under the Lanmei Aviation Group

Cambodia’s 1st full flight simulator officially put into use under the Lanmei Aviation Group

by Khmer Times
March 22, 2023
0
5

The International Aviation Flight Simulator Centre (IAFSC), which is the first full flight simulator in Cambodia, was officially put into...

Angkor Wat in Cambodia becomes favourite destination for Equinox tourism

Angkor Wat in Cambodia becomes favourite destination for Equinox tourism

by Khmer Times
March 21, 2023
0
4

A large number of international and domestic tourists visited the Angkor Wat Temple in Siem Reap province yesterday morning to...

Most Popular

Google suspends Chinese app Pinduoduo from Play store after malware is found

Google suspends Chinese app Pinduoduo from Play store after malware is found

March 22, 2023
27
Rebels in Indonesia’s Papua release New Zealand hostage video

Rebels in Indonesia’s Papua release New Zealand hostage video

March 12, 2023
20
Biden speaks with California governor about Silicon Valley Bank: White House

Biden speaks with California governor about Silicon Valley Bank: White House

March 12, 2023
19
Malaysia Airlines Flight 370 disappearance: New Netflix series dives into mystery of vanished jet

Malaysia Airlines Flight 370 disappearance: New Netflix series dives into mystery of vanished jet

March 12, 2023
16
New Siem Reap Airport, Siem Reap-Angkor International Airport, construction 63 percent complete

New Siem Reap Airport, Siem Reap-Angkor International Airport, construction 63 percent complete

March 4, 2023
13
Chea Serey is the new Deputy Governor of National Bank of Cambodia

Chea Serey is the new Deputy Governor of National Bank of Cambodia

March 12, 2023
13

© 2020 By Khmer Daily News

No Result
View All Result
  • Home
  • Latest
  • Cambodia
  • ASIA
  • World
  • Business
  • Tech

© 2019 The Khmer Daily.

error: Content is protected !!