Local producers and buyers forum exhibition kicks off in Phnom Penh

Jul 9th at 08:39
09-07-2024 08:39:39+07:00

Local producers and buyers forum exhibition kicks off in Phnom Penh

The One Village One Product Movement (OVOP) National Committee and Oxfam in Cambodia organized a three-day Local Producers and Buyers Marching Forum and Local Products Exhibition from July 5-7 at Macro Market in Chroy Changvar, Phnom Penh.


Suong Noy, Secretary-General of the National Committee for the Promotion of OVOP said the forum aims to build a bridge between local producers and buyers effectively and honestly.

“We are confident that today’s event will contribute to the economic development of Phnom Penh and Cambodia as a whole and improve the living standards of local communities,” said Noy.

“On behalf of the National Committee OVOP, I call on all local authorities and relevant departments to support and purchase Cambodian products for food, beverage, processing, packaging, resale or make as a gift.”

Phean Sophorn, Country Director of Oxfam in Cambodia, said that Oxfam is proud to be a partner with the One Village, One Product Committee to support a matching forum between local producers and buyers.

“This collaboration underscores Oxfam’s commitment to increasing opportunities for local producers and small and medium enterprises in Cambodia to gain market share, increase revenue and contribute to sustainable development, while this growth will help the poverty reduction in Cambodia,” she added.

She said that working together will allow to create a successful and sustainable forum to facilitate smooth market access for producers and enterprises in Cambodia.

It may be recalled that in 2022, the matching forum between producers and buyers and an exhibition of local products was held in 11 provinces, in 2023 exhibitions were held in 14 provinces and in 2024 it was held in four provinces.

Last month, the Local Producers and Buyers Marching Forum and Local Products Exhibition was held in Siem Reap province.

Prime Minister Hun Manet during the Seventh National Day for the promotion of Khmer products celebrated in April said that the OVOP model was initiated by generating local community spirit to improve household welfare and local economy, through creating unique products that have high added value, producing goods and services using local resources, and improving competitiveness both in national and global markets.

Strengthening the OVOP movement is crucial for socio-economic development of Cambodia and its vision to become a high-income country by 2050, he said.



PM: Cambodia-France bilateral trade surges to $515M in 2023, reaches $206M in early 2024

Cambodian Prime Minister Hun Manet stated that France remains one of Cambodia’s largest trade and investment partners among European countries and has steadily...

22 more Sihanoukville projects get incentives

The number of projects eligible for incentives under the ‘Special Investment Promotion Programme for Preah Sihanouk Province,’ initiated by Prime Minister Hun Manet...

GDP rebasing can help LDC graduation, investment flow

The Royal Government’s recent initiative to recalibrate the Cambodian economy with 2014 as the base year is giving all stakeholders a more accurate estimate of the...

Kingdom sees surge in investment in first half 2024

The Council for the Development of Cambodia (CDC) approved $3.2 billion in fixed-asset investment for 190 projects during the first six months of 2024, nearly...

CDC approves 190 new projects worth $3.2 billion investment in H1

From January to June 2024, the Council for the Development of Cambodia (CDC) approved 190 new projects, production expansion projects, and special economic zone...

Vietnamese, Lao, Cambodian businesswomen share experiences in green economy

Addressing the event, Bui Thi Minh Hoai, Politburo member, Secretary of the Party Central Committee and Chairwoman of its Commission for Mass Mobilisation, stressed...

MoC initiates pilot project for nationwide wholesale markets

The Ministry of Commerce (MoC) is taking steps towards establishing a network of wholesale markets across Cambodia to improve market efficiency, reduce post-harvest...

CSX’s marketcap reaches $3 billion in Q1

The Securities and Exchange Regulator of Cambodia (SERC) on Thursday said that the market capitalisation of the Cambodia Securities Exchange (CSX) touched $3.06...

MEF reviews policies to boost economic productivity

The Ministry of Economy and Finance (MEF) recently organised several meetings and discussions with the public and private institutions to ensure the effective and...

Cambodia posts 57% rise in agricultural exports

Cambodia exported more than 6.13 million tonnes of agricultural products in the first half of 2024, an increase of 57 percent compared to the same period in 2023...


Back To Top