Friday, 30 January 2009

Business survey set for completion in March: government

The Phnom Penh Post

Written by Sam Rith
Thursday, 29 January 2009

First nationwide business survey in five years to be conducted from February to March as government secures funding from Japan.

THE government next month is to conduct its first countrywide business survey in five years as part of an initiative leading to a proposed full-scale economic census in 2011, Economic Statistics Department Director Mich Kanthul said.

Starting February 9, the month long initiative will see "four hundred officials ... go down to every village, commune and district in cities and provinces throughout the country", Mich Kanthul added. The survey would be aimed at improving the quality of Cambodia's economic data. Data collection will continue until March 8.

The Kingdom has not conducted a nationwide economic survey since 2004 due to a lack of funding, San Sy Than, director general of the National Institute of Statistics at the Ministry of Planning, told the Post.

Foreign supportThis year's survey will be funded by the Japan International Cooperation Agency, a development organ of the Japanese government, at an estimated cost of US$300,000, he said.

San Sy Than attempted to ease concerns that the statistics might be used as part of tax-collection efforts, saying instead that the aim of the survey was to catalogue Cambodian businesses.

Mich Kanthul said government efforts culminating in a 2011 business census would help boost foreign investment in the Kingdom by providing accurate information to prospective investors.

Collected data will be used to pinpoint the size, scope, location and ownership of businesses in the Kingdom, Khin Sovorlak, deputy director of Economic Statistic Department, said. This, in turn, will allow the government to accurately break down the Cambodian economy into industries and sectors.

In recent years, this information has been cobbled together courtesy of data from various relevant ministries, Mich Kanthul said.

Last year's population census by the Ministry of Planning estimates that 16.8 percent of Cambodian families run their own businesses.

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