Asian Development Bank: Cambodia needs industry transformation to boost garment, tourism sectors


CAMBODIA, Jan 21 (Phnom Pehn Post/ANN) - A study conducted by the Asian Development Bank (ADB) recommended that Cambodia develop industry transformation maps in key sectors to enable transitions under the fourth industrial revolution (4IR). This should be accompanied by adequate investment in skills development for new and repositioned jobs.

A report titled Reaping the Benefits of Industry 4.0 through Skills Development in Cambodia was released on January 20 and examined the local garment and tourism industries – as the top two industries in terms of national employment, they are important drivers for growth and international competitiveness.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Aseanplus News

Cambodia and Laos vow to boost bilateral ties, regional cooperation
Heatstroke kills 30 in Thailand this year as kingdom bakes
Nuctech raids leave Chinese businesses reeling as new EU foreign subsidies regulation shows its teeth
Heavy rainfall in mainland China forces Hong Kong to dial back high-speed rail services
Extreme and brutal heat scorches South-East Asia, bringing school closures and warnings
Fu Ning, world's largest traditional chinese boat, to dock in Melaka on May 1
The Chinese lesson to India: How can air pollution make or break your economy?
Profit-taking in the market, KLCI down 0.14%
US overtakes mainland China as Taiwan’s main export market, sign of ‘strategic shift’ amid tech decoupling
Cricket-Not everyone happy with IPL's 'impact player' rule

Others Also Read