Small-Medium Enterprise (SME) Development

The ASEAN Policy Blueprint for SME Development (APBSD) 2004-2014 outlines the framework for SME development in the ASEAN region. It comprises strategic work programmes, policy measures and indicative outputs. Its objectives are to: 

  • accelerate the pace of SME development, optimising on the diversities of ASEAN member states; 
  • enhance the competitiveness and dynamism of ASEAN SMEs by facilitating their access to information, markets, human resource development and skills, finance as well as technology;
  • strengthen the resilience of ASEAN SMEs to better withstand adverse macroeconomic and financial difficulties, as well as the challenges of a more liberalised trading environment; and
  • increase the contribution of SMEs to the overall economic growth and development of ASEAN.