
Rising demand for skilled labour and inadequate investment in vocational training have created a shortage of skilled workers in Cambodia, impacting on productivity and economic growth.
To address these constraints, the Asian Development Bank’s Board of Directors has approved a USD24.5 million grant from its concessional Asian Development Fund for a project to improve the government’s technical and vocational education training (TVET) system to make it more responsive to the country’s growing need for a skilled and educated workforce.
The project will provide an expanded and more integrated training system that is endorsed by industry and better aligned with the skill requirements of the formal and informal economies. Initially, the project will focus on three industrial sectors – mechanics, construction, and business services and information and communication technology – to develop models for formal and non-formal training programmes. Later, similar training models will be rolled out for other industries.
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Flash Reports on the Cambodian Economy, Dec 2009