Ministries need to pull together on skills gap

Jun 18th at 10:08
18-06-2015 10:08:25+07:00

Ministries need to pull together on skills gap

The Ministry of Economy and Finance is urging ministries to avoid overlapping each other’s programs when it comes to tackling the Kingdom’s long-lamented human resource skills gap.

A workshop was held yesterday between the Finance Ministry, the Ministry of Education, the Ministry of Labour, the private sector and development partners aimed at increasing the efficiency of vocational training programs that support Cambodia’s planned shift to an industry-based economy.

“This requires specific policies, clear goals and principles, and clear priorities in who receives more funding [for the budget next year],” said Vongsei Visoth, secretary of state at the Finance Ministry.

“We are trying to collect more national revenues from taxes and customs and we have to spend them efficiently.”

In a bid to harmonise vocational training programs, the government announced last week the formation of an inter-ministerial committee between the Ministry of Labour and the Ministry of Education, the two main institutions tasked with improving human capital and providing vocational education.

Sandra D’Amico, managing director of HR Inc, the largest recruiting company in Cambodia, said Cambodia needed to set a specific standard for accreditation and certification to improve the quality of vocational training and potentially becoming a regional hub.

“There are too many different types of courses amongst TVET [technical, vocational, and educational training] providers – no standardisation of courses and content,” she said.

“It is very important to provide accreditation and qualifications that is meaningful in this context.”

The Asian Development Bank (ADB) last year announced a $30 million loan to revamp Cambodia’s TVET system by introducing a “competency-based” assessment and certification process.

ADB country director Erik Sedgwick said Cambodia needed to keep up with increasingly specialised production patterns in Southeast Asia.

“It is changing quickly and this will have big impact for Cambodia,” he said.

To take advantage of economic changes, both the government and private sector will have to adapt their investment in training to the consumption demands of a rising middle class in China,
and ASEAN, Sedgwick said.

“The region is so big. Cambodia is not that big in the region, so whatever slice of the pie Cambodia can get will have a big impact on Cambodia,” he added.

phnompenh post



NEWS SAME CATEGORY

Telecoms rush to provide 4G

Cambodian telecom companies are scrambling to jump on the 4G bandwagon and tap into the Kingdom’s growing mobile internet usage, as front-runner Smart announced...

PastaMania to set up on capital’s riverfront

A piece of Italy is coming to the capital’s riverside area, where Singapore-based Italian-style fast casual franchise PastaMania has begun construction.

Q1 investments zoom

Recent data for the first quarter show that $2.87 billion was invested in Cambodia during the first three months, a staggering 573 per cent increase from the same...

Single visa for two kingdoms

Cambodia and Thailand have joined hands to increase foreign and inter-ASEAN tourism under the “Two Kingdoms, One Destination” tourism pact.

Inflation down as global oil prices ease off

Cambodia experienced low inflation of around 1 per cent over the last three months thanks to a decline in oil prices, according to the latest data from the National...

Thai law firm says IP the main focus

A Bangkok-based regional law firm says it will expand to Cambodia in the coming weeks, despite the local bar association’s renewed drive to clamp down on foreign...

Exports to Japan bucking the trend

Cambodia's exports to Japan dramatically increased during in the first quarter of 2015, bucking the trend of fellow ASEAN member states who all saw a decline in...

Jobseekers looking to the web

Online job search portal Everjobs Cambodia officially launched its website yesterday, as recruitment and HR firms begin to add web portals to their portfolios to...

New air route aims to cut travel times, fuel costs

Cambodia will use a new air route for flights to Laos, Thailand and Vietnam that will reduce fuel costs and provide a more direct route to these countries reducing...

New survey to take a deeper look at FDI in the Kingdom

Aiming to provide quality information on the flow of investment into the Kingdom, the National Bank of Cambodia has announced it will launch a detailed survey of...


MOST READ


Back To Top