SME sector, earning $ 1.9 billion from tourism

Photograph sector, small and medium-sized enterprises (SMEs) earned nearly $ 2 billion last year, mostly from tourism. According to the president of the Federal Association of Small and Medium Enterprises in Cambodia (FASMEC).

Te Taing Por, president FASMEC told the Post yesterday that SMEs in Cambodia earn revenues of $ 1.9 billion in 2015.

He added that the exhibition of agro-tourism is key in promoting SME products to visitors.

He added that FASMEC has been collaborating with the Ministry of Tourism to promote and disseminate domestic product to tourism Cambodia's growing.

He added that based on figures from 10 percent FASMEC growth domestic product in 2014.

He estimated that foreign tourists spent at least $ 604 million, 34 percent for travel 39% for accommodation and food and 27% on leisure and buy souvenirs.

He said that in 2014 the cost of housing, food, entertainment and souvenirs generated revenue of over $ 1.7 billion into the SME sector.

Total foreign tourists visited Cambodia in 2015 there were an estimated 4.8 billion people, generating revenues of over 3 billion dollars.

Mrs. angle lens manufacturer Director General crackers Lily, the domestic enterprises, said the exhibition as an opportunity to promote local products and The exhibition should focus on local products.

She said: 'We want to have only local products, so this is going to preach to our SMEs and revenue was also higher.