A significant step forward for Cambodian enterprises! The Cambodian government, in partnership with Australia, has unveiled a new digital platform aimed at streamlining the registration and licensing process for small and medium-sized enterprises (SMEs), handicraft, and industry owners.

During a launch event in Phnom Penh on June 27, the Ministry of Industry, Science, Technology & Innovation introduced the user-friendly portal. This initiative, supported by the Cambodia Australia Partnership for Resilient Economic Development (CAPRED) program, aims to simplify administrative processes, reduce in-person visits, and enhance transparency in business operations.

**Key Benefits of the Platform:**
- Simplified registration and licensing
- Reduced need for in-person visits
- Improved processing times
- Enhanced payment transparency

The platform is designed to boost economic growth by formalizing sectors that make up over 70% of the jobs in Cambodia. Formalization will provide businesses with better access to finance and markets, and help attract foreign investment.

Australia's commitment to supporting Cambodia's business environment is evident through this collaboration, which fosters resilient and sustainable economic growth.

For more information, visit the registration platform: [https://msmes.misti.gov.kh/](https://msmes.misti.gov.kh/)