A POLICY PERSPECTIVE ON SME CLUSTER DEVELOPMENT IN CLMV COUNTRIES

Written by Mekong Institute  

Promotion of new SME clusters and development of existing ones are important for overall development of the economy of a country. Policy support to ensure development of SME in form of clusters can go a long way in improving their competitiveness by ensuring dynamic linkages to create opportunities. Therefore, it is important to promote growth of sufficiently integrated SMEs clusters in different sectors of the economy. This paper highlights the findings of the four action research on SME clusters conducted in the CLMV (Cambodia, Loa, Myanmar and Vietnam) with an aim to suggest measures for promoting SME clusters in these countries.

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