Logo of Phnom Penh Post newspaper Phnom Penh Post - Kingdom urged to adapt with industry 4.0

Kingdom urged to adapt with industry 4.0

Content image - Phnom Penh Post
Industry 4.0 robotic machinery displayed at an exposition earlier last year. Photo supplied

Kingdom urged to adapt with industry 4.0

Cambodia will need to adapt in the face of the next industrial revolution taking place on factory floors, industry experts said on Monday.

Referring to the trend towards automation and data exchange in manufacturing technology, a group of non-governmental organisations (NGOs) led a seminar on the coming challenges and how the country can benefit from its growth.

The UN Development Programme, the UN Industrial Development Organisation and the International Labour Organisation were all accounted for at the high-level seminar in the capital.

Speaking at the event, UN Resident Coordinator in Cambodia Pauline Tamesis said that industry 4.0 presents huge opportunities for Cambodia. But, the country will need to deal with some challenges.

“I think [Industry 4.0] is starting [in Cambodia] and it is moving to the middle. It still has a long way to go and I think it needs a lot of investment in terms of human capital, training, and, most importantly, a mindset change,” she said.

Tamesis said there are two sets of issues regarding Cambodia’s journey towards industry 4.0. First, how can Cambodia access new technologies to enable the economy to leapfrog legacy plants and machinery?

Move away from labour

She also mentioned the need to diversify employment away from labour-based production, adding that the UN is committed to helping early adopters and workers to acquire new skills.

Ministry of Economy and Finance undersecretary Phan Phalla said on Monday that preparing for a digital economy and responding to the fourth industrial revolution will be a major priority of the government during the next mandate.

“We hope to lay out and formulate specific policies and programmes aimed at supporting the development of the digital economy, and seizing potential benefits from the next industrial revolution, all while managing any adverse impacts from new technologies,” he said.

MOST VIEWED

  • Omicron patients can stay home: PM

    Prime Minister Hun Sen has given the green light for anyone who contracts the SARS-CoV-2 Omicron mutation or any other variant to convalesce or receive treatment at home or in any other reasonable non-healthcare setting. The new decision supersedes a restriction on home care for

  • The effects of the USD interest rate hike on Cambodian economy

    Experts weigh in on the effect of a potential interest rate expansion by the US Federal Reserve on a highly dollarised Cambodia Anticipation of the US Federal Reserve’s interest rate hike in March is putting developing economies on edge, a recent blog post by

  • Cambodia’s first ever anime festival kicks off Jan 22 at capital’s F3 centre

    Phnom Penh's first ever Anime Festival will bring together fans, artists, shops and other local businesses with ties to the Japanese animation style for cosplay competitions, online games, pop-up shops and more on January 22, with Friends Futures Factory (F3) hosting. F3 is a project that

  • PM eyes Myanmar peace troika

    Prime Minister Hun Sen has suggested that ASEAN member states establish a tripartite committee or diplomatic troika consisting of representatives from Cambodia, Brunei and Indonesia that would be tasked with mediating a ceasefire in Myanmar. The premier also requested that Nippon Foundation chairman Yohei Sasakawa

  • Demining rat ‘hero’ Magawa dead at 8

    A landmine-hunting rat that was awarded a gold medal for heroism for clearing ordnance from the Cambodian countryside has died, his charity said on January 11. Magawa, a giant African pouched rat originally from Tanzania, helped clear mines from about 225,000sqm of land – the equivalent of 42

  • Hun Sen gets 4th Covid shot, urges compatriots to follow

    Prime Minister Hun Sen and his wife Bun Rany on January 14 received their fourth dose of Covid-19 vaccine and called on compatriots to follow suit as the Omicron coronavirus variant continues to spread in the community. This marks the launch of Cambodia's fourth-dose vaccination campaign,