Phnom Penh: Khmer Enterprise (KE) held its 17th Board of Trustees Meeting on Feb. 5 to review its achievements in 2024 and outline key strategies for 2025. The meeting was chaired by H.E. HEM Vanndy, Minister of Industry, Science, Technology, and Innovation and KE’s Chairman of the Board of Trustees.

According to Agence Kampuchea Presse, the meeting highlighted significant progress in supporting Cambodia’s entrepreneurial ecosystem. The Minister emphasized that the 2024 performance demonstrates KE’s resilience and dedication in driving business growth. For 2025, KE aims to focus on equipping entrepreneurs with necessary resources, skills, and opportunities to succeed globally. The organization plans to strengthen collaborations with both local and international partners to build a competitive foundation for Cambodia’s sustainable, resilient, and inclusive development. KE will adopt a more strategic role as a catalyst, promoter, and facilitator in developing priority sub-sectors of the economy.

The Board of Trustees expressed its continued support for KE’s vision of fostering innovation, supporting business growth, and enhancing partnerships with development agencies and stakeholders. This commitment aims to create a vibrant environment for startups and SMEs in Cambodia.

As of 2024, KE has provided financial support to 907 grant recipients through the Khmer Enterprise Assistance Package and SME Fundraising Programme. Additionally, it has offered both technical and financial assistance to small and medium enterprises (SMEs) in Cambodia, enabling beneficiaries to secure additional external funding. This includes approximately US$25.2 million in investments and US$12.3 million in loans since 2020.