Search form

Login - Register | FOLLOW US ON

Logo of Phnom Penh Post newspaper Phnom Penh Post - Digital on the rise in Cambodia

Content image - Phnom Penh Post

Digital on the rise in Cambodia

Following regional and global trends, Cambodian businesses are investing into becoming digital more than ever before, hoping to unlock the great potential this booming space can bring. Maximizing the digital opportunity, however, requires dedication to a digital-first approach, and a commitment to foster fresh local talent in order tospark a new generation of digital entrepreneurs and tech businesses.

To meet a growing interest in Cambodian digital content, companies and organizations in the digital and tech space across the country have been crafting and piloting projects to enhance growth and development in the sector. Due to the young population only just beginning to grasp the concept of digital business, these pilot projects have predominantly been in the form of ideation, incubation and mentorship.

The largest such project to date is the Smart Axiata Digital Innovation Fund – a 5 million USD venture capital fund devoted to Cambodian-based digital service companies and start-ups. SADIF is flanked by theSmartStart:Young Innovator Program, which aims to turn the most promising tech concepts from selected Cambodian university students into actual tech enterprises. Bothinitiatives will certainly contribute towards Cambodia’s digital economy in the coming years, as the landscape continues to develop and grow according to the country’s needs

Content image - Phnom Penh Post
Thomas Hundt

“Smart is committed to being a pioneer and a long-term investor in the country’s ICT sector. We believe in the young generation and want to unlock and develop their untapped ingenuity,” said Thomas Hundt, CEO of SmartAxiata during the SmartStart launch, who sees the company as a central player in Cambodia’s digital future.

Content image - Phnom Penh Post
H.E. Tram IvTek

“Smart is one of our key development partners in Cambodia’s digital journey and we appreciate their support through initiatives like the Smart Axiata Digital Innovation Fund and SmartStart which provides significant practical and financial backing for our digital pioneers”, said H.E. Tram IvTek, Minister of Posts and Telecommunications of Cambodia during SADIF launch.

Cambodia’s journey of building a digital society has been made possible with the rapid expansion of mobile broadband availability and affordability. Smart continues to strive towards linking as many unconnected Cambodians with the fastest and widest award-winning mobile Internet network and new digital services as it continues to evolve into a digital lifestyle brand.Being a strong advocate of digital innovation, Smart has launched a diverserange of value added services and digital services such as SmartLuy, Smart Insurance, SmartPay, Smart Music and SmartNas.

Content image - Phnom Penh Post

0

Comments

Please, login or register to post a comment

Latest Video

Explore the durian and rubber farms of Kampong Cham

Take a drive north of Kampong Cham, past the dirt roads and the dense greenery.

Kem Sokha talks politics, power and Hun Sen

Kem Sokha, leader of the Cambodia National Rescue Party, sat down with The Post’s Alex Willemyns and Mech Dara to discuss his supporters’ initial disappointment with this year’s

The final results from the National Election Committee for the June 4 commune elections show the Cambodian People’s Party taking 1,156 communes to

NEC officials tally votes during a recount last week in Phnom Penh.

Cambodia’s National Election Committee last week rejected 33 of 61 complaints filed over the conduct of June 4’s commune election, according to a s