Wednesday, March 11, 2009

Netherlands to help Laos develop SMEs

HANOI -- The Lao Small and Medium Enterprise Promotion and Development Office (SMEPDO) and the Netherlands Development Organization (SNV) agreed to work together to promote the development of the small and medium enterprise (SME) in Laos, the Lao newspaper Vientiane Times reported Wednesday.

The agreement for the cooperation was signed in the Lao capital of Vientiane between SMEPDO Director General Somdy Inmixai and Country Director of SNV Lao and Cambodia Nicolette Matthijsen, said the daily.

The three year cooperation is to promote the development of the SME sector in Laos in accordance with the Lao SME Development Strategy, with the ultimate goal of poverty reduction and good governance, according SNV.

Lao provinces of Huaphan, Luang Prabang, Savannakhet and Khammuan will receive support of SMEPDO and SNV to promote SMEs and enhance the capacity-building of provincial industry and commerce departments.

SMEPDO is a national body in charge of coordinating and supporting all SME promotion and development programs in Laos.

SNV is an international non-governmental development organization based in the Netherlands with the goal of supporting organisations to strengthen their capacities to improve performance towards poverty reduction and good governance.


from : chinadaily

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