EZECOM to launch Digital Free Trade Zone (DFTZ)
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B2B Cambodia
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One of Cambodia's leading internet service providers, EZECOM Co Ltd, has revealed plans to launch a trade facilitation project called the Digital Free Trade Zone (DFTZ).
The new DFTZ will aim to "manage, store and analyse paperless data said a report in the Phnom Penh Post this week. The project was announced at the opening of the World E-Commerce Forum held this week, which was co-organised by the Cambodian Ministry of Commerce and Royal Group.
EZECOM said the project "would provide highly accurate, reliable and low-cost paperless data management solutions for e-commerce activity." An EZECOM representative added, “The project will also benefit the government in achieving its goal of transforming the Cambodian economy into a digital economy by 2023.”
Ministry secretary of state Sok Sopheak asked the company to first consult with the relevant ministries and institutions.
Cambodia and a digital economy
Cambodia signed the UN treaty entitled “Framework Agreement on Facilitation of Cross-border Paperless Trade in Asia and the Pacific” in 2017. In addition, the Cambodian government signed the ASEAN Agreement on e-Commerce in 2019. In 2020 a number of new digital platforms and projects have been launched or announced.- Cambodia National Single Window Project (in accordance with the ASEAN National Single Window initiative)
- In June 2020, the Cambodian Ministry of Industry, Science, Technology and Innovation also is said to be reportedly setting up another online portal, this one is aimed at small and medium enterprises (SMEs), called KhmerSME.
- Cambodian taxpayers can use the e-tax service to pay their monthly tax returns.