Companies with inclusive business (IB) models can play a strong role in making economic growth in Cambodia more inclusive and beneficial to poor and low-income people. Inclusive business models provide goods, services, and livelihoods on a commercially viable basis and at scale, to people living at the base of the pyramid. These businesses promote social transformations as they have a large and deep social impact.
Given the importance of inclusive business for Cambodia, the former Ministry of Industry and Handicraft, and current Ministry of Industry, Science, Technology and Innovation requested the support of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) and the Inclusive Business Action Network (iBAN) to conduct a market study of inclusive business in the country, analyze the environment in which they operate, and suggest possible avenues for promoting inclusive business in Cambodia. The findings of such study are encapsulated in the Landscape Study of Inclusive Business in Cambodia to be presented at this event.
The Ministry of Industry, Science, Technology and Innovation has also developed an Inclusive Business Enabling Environment for Cambodia (IBeeC) Strategy following extensive consultations with key stakeholders.
This event will also discuss current developments on promoting IB in Cambodia and in ASEAN.