A representative of the Cambodia-Japan Association for Business and Investment (CJBI), vowed to boost the number of joint-ventures between Cambodian small and medium-sized enterprises (SMEs) and their Japanese counterparts. CJBI is the only association in Cambodia which consist of Japanese and Cambodian members and it aims to encourage business-matching between Cambodian and Japanese SMEs.
The CJBI is an essential platform to bring Cambodian and Japanese investors together and also a platform to provide training to local SMEs up to Japanese standards regarding management, accounting, taxes, culture and to exchange experiences and provide an open, pro-active forum, to provide important information to local and Japanese investors.
CJBI has 30 local and four Japanese members, but it will soon have six to seven Japanese members joining the association because they have already submitted their applications. At present the Japanese government is also directing its SMEs to foreign countries while, Cambodia is also pushing its local SMEs to partner with foreign investors. The CJBI will not replace government policy, but its main job is to assist the government effort to strengthen SMEs.