Cambodia needs more skilled labours responding to high-tech industrial investment

Cambodia Prime Minister Samdech Hun Sen has said that Cambodia needs a large number of technical experts to meet the large investment in high-tech industries, as Cambodia has a number of electrical components and vehicle assembly plants.

At the graduation ceremony for students of the National Polytechnic Institute of Cambodia on 27 February, PM Hun Sen said that there are currently many vehicle companies in Cambodia, including Ford, Hyundai and Toyota.

“Recently, big companies who came with the President of Germany, talked about the intention to invest in Cambodia. I welcome them, but when they invest, we have to ensure that we have skilled labourers to support their production line,” he said. (Read more)

Under the industrial policy framework, technical training is required, he added.

In late 2021, Cambodia introduced a new investment law to increase the country’s competitiveness for foreign investors by modernizing local industries and protecting the rights of investors.

 

 

- Video Advertisement -

Related Post

Cambodia’s Star Casino Asset at Centre of Donaco’s USD 55.6 Million Takeover by On Nut Road

Donaco International’s flagship Cambodian asset, the Star Vegas casino and hotel complex in Poipet, is now at the heart of a USD 55.6 million acquisition deal by On Nut Road, a Hong Kong-based special purpose vehicle managed by Argyle Street Management. As part of the takeover, shareholders will receive USD 0.045 in cash per Donaco […]

IKEA Explores Expansion into the Cambodian Market

Swedish furniture giant IKEA is setting its sights on Cambodia as a potential market for expansion. During a recent meeting, HE Chea Wutthy, Secretary General of the Investment Committee of Cambodia, welcomed an IKEA delegation led by Mr. Giafar Safaverdi, CEO of IKEA Southeast Asia, to discuss investment opportunities in the region. In the meeting, […]

Cambodia’s Trade Surges to USD 9.44 Billion in Early 2025

In a promising start to the year, Cambodia’s international trade volume soared to approximately USD 9.44 billion during the first two months of 2025, marking a remarkable 16.3% increase compared to the same period in 2024, according to a recent report from the General Department of Customs and Excise of Cambodia. Export activities also showed […]

Indonesia Commits to Boost Investment in Cambodia as Trade Reaches USD 1 Billion

In a significant diplomatic engagement, His Excellency Santo Damosumato, the Ambassador of the Republic of Indonesia to the Kingdom of Cambodia, expressed his country’s commitment to attracting more investment to Cambodia. This announcement was made during a meeting with Mr. Kuoch Chamroeun, the Governor of Kandal Provincial Council, on March 6, 2025. Ambassador Damosumato’s remarks […]

Strengthening Economic Ties: Cambodia and India Boost Trade Relations

In a move to elevate bilateral trade relations, Cambodia and India have reported a significant increase in their trade volume, now exceeding $340 million. This announcement was made during separate discussions between Samdech Techo Hun Sen, the Acting Head of State of Cambodia, and H.E. Bawitlung Vanlalvawna, the Indian Ambassador to Cambodia, as well as […]

Cambodia-Thailand Trade Relations Soar to New Heights in 2024

In a significant boost to regional trade relations, the trade volume between Cambodia and Thailand reached an impressive USD 10 billion in 2024. This increase, marking a rise from USD 8 billion in the previous year, underscores the strengthening economic ties between the two neighboring countries. During a pivotal meeting on March 11, 2025, Samdech […]