CommON became last week the latest co-working space to open in the Cambodian capital, joining seven other shared workspace venues already in operation.
The city has seen an increase in this type of businesses since coLAB opened its doors in 2010. Other venues in operation include Impact Hub, Small World, Emerald Hub, 5D Co-working Lab, The Workshop, Saint Blanquat & A. and Regus.
“Phnom Penh is in the middle of a real economic development. Businesses are booming, and the city is leading the region in terms of growth. The downside of this situation is the scarcity of affordable office space for the increasing number of startups,” explains Aubin Crestani, Community Builder at Impact Hub, when asked about what makes the city such an attractive location for shared workspace venues.
CommON, co-funded by Korean NGO Openhands, is located in the capital’s Tonle Bassac commune and already has four out of its five private office spaces booked for long-term use.
The new co-working space has partnered up with Small World to provide a space for Cambodian and Korean start-ups to collaborate.