A mobile parking application called Somjot, which helps vehicle owners find parking spaces, is set to be released early this year after the start-up was announced as a winner in the SmartStart Young Innovator Program, according to its co-founder Ny Chanpichmean. The app will benefit vehicle users in a more quickly locating parking spaces, she said. Somjot allows the app’s administrators—the owners of parking spaces—to control vehicle parking statistics and more easily manage their cash, she added. While Somjot currently does not have a partnership with any parking spaces, the company plans to do so by approaching parking spaces at educational institutions and at markets to connect them with the platform and will try to expand partnerships with other locations in the near future. (Source: Phnom Penh Post)