Commerce ministry drafts e-commerce plan of action

The Ministry of Commerce officially approved a strategy to implement the country’s E-Commerce Law, paving the way for the promotion of a digital business model in line with the government’s goal of leapfrogging into the fourth industrial revolution, or digital economy.

Minister of Commerce Pan Sorasak, who chaired the inter-ministerial meeting on July 23, said the plan is key to boosting competitiveness and streamlining business processes and will lead to improved productivity, increased exports, job creation and economic growth.

“Digital technology development is a response to Cambodia’s industrial development policy for economic diversification by enhancing the capacity of local SMEs to connect to regional and global value chains,” Sorasak said.

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