China & Cambodia Forge Tech Partnerships for Economic Growth

• 22 January 2025
• Local News
• 771 Views

In a significant step towards technological collaboration, China is eager to connect its thriving internet technology sector with Cambodian enterprises, aiming to enhance knowledge transfer and foster strong partnerships. This initiative was highlighted during a recent meeting between HE Hem Vandy, Cambodia’s Minister of Industry, Science, Technology and Innovation, and Mr. Yu Junfang, President of the Guizhou Internet Association, on 16 January 2025.

Led by Yu Junfang, a delegation from the Guizhou Provincial Internet Association—a hub of successful technological advances in areas including tourism, healthcare, and the digital economy—arrived with a vision to transform Cambodia’s dynamic business environment. Over just a decade, Guizhou has evolved from a less developed region into a pioneering innovation centre, driven by advancements in AI and 5G technology that have modernised its industries.

Central to their discussions was the proposal to establish a business matching program catalysing partnerships between Chinese tech firms and Cambodia’s small and medium enterprises (SMEs). This initiative aims to empower Cambodian businesses with essential tech skills and knowledge, which are crucial for diversifying the country and boosting productivity in an increasingly competitive market.

Furthermore, Yu Junfang revealed plans to roll out collaborative technology initiatives with Cambodian counterparts, potentially debuting at the upcoming third National Day of Science, Technology, and Innovation on 26 March 2025.

Minister Hem Vandy warmly welcomed the association’s commitment to mobilizing Chinese SMEs as partners in crafting tailored technology solutions for Cambodia. This collaboration aligns perfectly with Cambodia’s aspirations to embrace modern technology and elevate its industrial landscape.

As Cambodia looks toward a more innovative future, this partnership could play a pivotal role in transforming its economy and harnessing the potential of digital advancements.

• Technology and Engineering
• Cooperation and networking