Logo of Phnom Penh Post newspaper Phnom Penh Post - CADT, EuroCham set to pave road toward advanced digital economy

CADT, EuroCham set to pave road toward advanced digital economy

Content image - Phnom Penh Post
(From left to right) EuroCham Digital and Technology Committee chairman Matthew Tippetts, CADT president Seng Sopheap, and EuroCham deputy executive director Thomas Hesketh hold up copies of the signed deal, on Wednesday. EUROCHAM

CADT, EuroCham set to pave road toward advanced digital economy

The Cambodia Academy of Digital Technology (CADT) and EuroCham on June 8 entered into a multifaceted memorandum of understanding (MoU) to lay the groundwork toward the government’s goal of an advanced digital economy.

As part of the MoU, a working group will be formed to add value to industries by pushing for tech adoption, facilitating internships, and providing private sector insight for the digital economy.

The deal also encompasses the “50 programme”, under which the European Chamber of Commerce in Cambodia (EuroCham) is to provide 50 hours of training to university students selected by the CADT.

As per the agreement, the institutions will also host conferences, networking events, and training workshops for small- and medium-sized enterprises (SME), to promote the digital economy.

The MoU was signed by EuroCham deputy executive director Thomas Hesketh, EuroCham Digital and Technology Committee chairman Matthew Tippetts, and CADT president Seng Sopheap.

At the signing ceremony, Sopheap said that digital innovation is a cross-sectoral process that poses challenges for local and international companies, and that teaming up with EuroCham to advance digital transformations and improve competitiveness was “a natural step”.

The cooperation between the institutions’ research and development teams means more tailored services and new opportunities for the young talented students picked by CADT, he said.

“We are also excited to bring our ecosystem together with EuroCham members to raise awareness and create new initiatives, such as career fairs and technology promotion events. One highlight I’m really excited about is called the ‘50 programme’.

“EuroCham members will spend 50 hours with our students in the form of workshops and seminars to close the skill gap and boost insights on both ends,” Sopheap said.

To support Cambodia’s booming digital ecosystem, data-driven Industry 4.0 technologies and systems will provide “the missing building blocks” to connect processes and value chains across all sectors, beyond the barriers of the conventional manufacturing industry, for smarter business decisions, he said.

“Using the right tools and having a strategy will be paramount for not missing out on opportunities for data-driven and automated businesses,” he added.

Speaking at the ceremony, EuroCham’s Tippetts said: “This MoU is the first step in a synergistic partnership between EuroCham and the CADT.

“Our members can share their knowledge and expertise with CADT students while also working much closer on training initiatives, internships and recruitment. We are very honoured and enthusiastic about this opportunity,” he said.

Not present at the event, EuroCham executive director Denis Sainte-Marie said in a press statement that the MoU would better enable his institution to support the digitalisation of the economy.

“Our goals include attracting top European tech companies to the Kingdom while also helping to develop local talent. We commend the progress already made by the RGC [Royal Government of Cambodia] in developing e-government services,” he said.

Minister of Post and Telecommunications Chea Vandeth, who presided over the ceremony, hailed the MoU as a “good illustration of real cooperation” between academia and industry.

“This cooperation not only promotes the digital transformation of enterprises but also contributes to the development of digital talents through a work-based learning programme.

“This programme will allow students to get hands-on experience that provides them with work-ready skills required by the industry and improves their employability for the current and future job market,” he said.

The Institute of Digital Research and Innovation (IDRI), Institute of Digital Technology (IDT) and Institute of Digital Governance (IDG) – all under the CADT – are to assume key roles in carrying out the MoU.


  • Angkor lifetime pass, special Siem Reap travel offers planned

    The Ministry of Tourism plans to introduce a convenient, single lifetime pass for foreign travellers to visit Angkor Archaeological Park and potentially other areas. The move is designed to stimulate tourism to the culturally rich province of Siem Reap as the start of the “Visit

  • Ice cream, noodles flagged over carcinogen

    The General Department of Customs and Excise of Cambodia (GDCE) has identified three types of instant noodles and ice cream trademarks originating from Thailand, Vietnam and France that are suspected to contain ethylene oxide, which poses a cancer risk to consumers. The general department has

  • Exclusive interview with Josep Borrell Fontelles, High Representative of the EU

    CAMBODIA is hosting the 55th ASEAN Foreign Ministers’ Meeting (AMM) and Related Meetings this week with top officials from the US, China, and Russia and other countries in the region slated to attend and to meet with face-to-face with their counterparts on the sidelines. In

  • Rise in Thai air routes to Siem Reap fuels travel hopes

    Local tourism industry players are eager for regional airline Bangkok Airways Pcl’s resumption of direct flight services between the Thai capital and Siem Reap town on August 1 – home of Cambodia’s awe-inspiring Angkor Archaeological Park – which is expected to boost the growth rate of

  • ASEAN Foreign Ministers’ meet commences, Taiwan issue possibly on table

    The 55th ASEAN Foreign Ministers’ Meeting (AMM) and related meetings hosted by Cambodia kicks off in Phnom Penh on August 3, with progress, challenges, and the way forward for the ASEAN Community-building on the table. Issues on Taiwan, sparked by the visit of US House Speaker

  • Recap of this year’s ASEAN FM meet and look ahead

    This year’s edition of the ASEAN Foreign Ministers’ Meeting (AMM) hosted by Cambodia comes against the backdrop of heightened global tensions and increasing rivalry between major powers that have been compared to the animosity of the Cold War era. The following is The Post’