Logo of Phnom Penh Post newspaper Phnom Penh Post - ADB funds aimed at easing skills shortage

ADB funds aimed at easing skills shortage

ADB funds aimed at easing skills shortage

The Asian Development Bank (ADB) has announced a US$960,000 program to support education and vocational training in the Kingdom.

The project includes an $800,000 ADB-administered grant from the Japan Special Fund and $260,000 from the Cambodian government.

Rapid economic growth and a lack of high-quality universities has left Cambodia with a serious skills shortage to meet rising private sector demand.

Cambodia is also grappling with lower secondary school enrolment.

An ADB statement says part of the project includes developing an advanced statistical model to analyse economic trends, labour supply and demand.

"The [education and training] system needs to be strengthened so it can respond to the country's rapid economic growth and the need to provide meaningful income-generating opportunities," said Sukhdeep Brar, principal education specialist with the ADB's Southeast Asia department, in a statement. 

MOST VIEWED

  • ‘Dire consequences’ from sanctions, warns AmCham

    American businesspeople in Cambodia have warned that any sanction against the Kingdom would have “dire consequences” that could push Cambodia even further into the arms of China. In a letter to US senators and representatives dated Monday, the American Chamber of Commerce Cambodia (AmCham) said

  • Protests planned in New York as Hun Sen to attend the UN

    Prime Minister Hun Sen will speak at the United Nations General Assembly in New York this week. But US-based supporters of the Supreme Court-dissolved Cambodia National Rescue Party (CNRP) plan to throw eggs at his car as part of a series of protests to coincide

  • CPP: ‘Behave or Sokha suffers’

    The ruling Cambodian People’s Party (CPP) spokesman warned Kem Monovithya on Thursday that her attempt to damage “national reputation and prestige” would lead to her father, Kem Sokha, receiving even harsher punishment. Sok Eysan issued the warning as Monovithya, who is the court dissolved

  • Preah Sihanouk beach developments halted

    After receiving an order from Hun Sen, Minister of Land Management Chea Sophara led a team of experts and relevant officials to Sihanoukville to call a halt to the illegal development of a beach. The prime minister ordered the Prek Treng beach in Otres commune