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Remarks by Mr Alexandre Huynh, FAO Representative and Co-Lead Facilitator
Welcome Remark by Mr. Sok Narin, Country Representative of United Nations of Industrial Development Organization (UNIDO)
Phnom Penh – Amidst the global pandemic which has brought to the forefront the need to for comprehensive national health care coverage and equity in access to health care services, Cambodian Ministry of Health (MoH) has given the green light to the establishment of the National Working Group for Migrant Health, under the joint Vice-Chair Secretariat of the International Organization for Migration (IOM) and the World Health Organization (WHO).
PHNOM PENH, 3 August, 2021 - With support of the European Union, the United Nations Industrial Development Organization (UNIDO) and the Fisheries Administration (FiA) of the Ministry of Agriculture, Forestry and Fisheries have launched a Value Chain Investment Support (VCIS) scheme to support Cambodia’s small, medium and large enterprises.
Opening Remarks by Pauline Tamesis, the UN Resident Coordinator in Cambodia
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Underpinned by the LNOB principle, the objective of the programme is to support the women owned M/SMEs, predominantly operating in the informal sector, for their recovery from the COVID-19 and their turning into the driving force for accelerating Cambodia’s recovery from COVID-19 and the SDG achievement.
To do so, the programme will support the RGC and the central bank to introduce policy and innovative financial solutions in the form of credit guarantee scheme, which has never existed in the country before COVID-19, to provide low-cost and reliable financing to M/SME businesses. The design and roll out of the scheme will ensure maximising participation and benefits of women owned M/SMEs (SDG 5). Business that are more labour intensive or require lower skilled labour, including for economic migrants, will also be targeted to ensure the investments have the maximum effect in reducing poverty and increasing employment (SDG 10 and 1).
Implementation Partner: Cambodia Credit Guarantee Corporation (CGCC) and Ministry of Economy and Finance (MoEF) |
Entities
- United Nations Capital Development Fund
- United Nations Development Programme
- International Organization for Migration