Crucial to tackle threats to surging economic growth

Mar 24th at 09:48
24-03-2025 09:48:15+07:00

Crucial to tackle threats to surging economic growth

In recent years, Cambodia has made significant strides towards economic growth. The nation’s New Growth Strategy aims to transition from a labour-intensive economy to one driven by advanced industries, digital innovation, and international investment.

 

With the development of Special Economic Zones (SEZs) and extensive infrastructure projects, Cambodia aspires to play a key role in regional trade and economic collaboration.

However, certain challenges have emerged, requiring attention to ensure sustainable progress. Reports from international organisations—including the United Nations, City University of London, ASEAN-Australia Counter-Trafficking (ASEAN-ACT), and the UN Office on Drugs and Crime (UNODC)—highlight concerns about illicit activities that could impact the country’s reputation and economic aspirations.

Issues such as online scams and human trafficking, occurring within some economic hubs, underscore the importance of addressing vulnerabilities within the system.

The rise of online scams in Southeast Asia, including Cambodia, has drawn global attention.

The scale of cyber fraud in the region is staggering, leading to the exploitation of local communities.

While crackdowns in Poipet city have disrupted some operations, there is growing concern that crime syndicates are now shifting eastward—to remote northeastern provinces like Mondulkiri and Ratanakiri, with many are Chinese origin.

This situation will lead to the exploitation of local communities in a way that criminal groups may coerce or recruit local populations into illegal operations, causing social disorders and worsening socio-economic disparities.

Experts estimate that Southeast Asia’s scam industry generates between $18 billion and $37 billion annually. Victims are targeted through various forms of fraud, often facilitated by emerging technologies such as artificial intelligence.

While these activities generate significant profits for the operators, they pose a serious threat to trust in digital systems and financial stability. Combatting these issues requires robust regulatory frameworks and stringent enforcement measures.

Human trafficking is another pressing concern highlighted by multiple reports. Cases where individuals are deceived by false employment opportunities emphasise the need for vigilance in protecting vulnerable groups. Strengthening border controls, increasing public awareness, and enhancing regional cooperation are essential to addressing these challenges effectively.

The Cambodian government has taken decisive steps to tackle these issues. Recent operations have demonstrated significant progress in disrupting criminal activities and safeguarding affected individuals.

Chou Bun Eng, Vice-Chairwoman of the National Committee for Counter Trafficking (NCCT), said yesterday that the government has paid close attention to the matter, as reflected in the recent establishment of a high-level inter-ministerial commission formed to combat online scams, headed by Prime Minister Hun Manet.

“Cambodia is highly committed to fighting human trafficking, transnational crime, and, most importantly, the issue of online scamming,” she said.

For instance, in February 2025, joint efforts with neighbouring Thailand led to the rescue of over 200 individuals from difficult situations in Poipet. Similarly, in March 2025, an operation in Mondulkiri resulted in the arrest of suspects and the further dismantling of criminal networks.

These efforts reflect Cambodia’s determination to tackle complex issues and reinforce its commitment to creating a safe and secure environment for economic development.

While progress has been made, it is crucial to focus on long-term strategies to ensure these challenges do not hinder Cambodia’s potential.

khmertimeskh

- 08:46 24/03/2025



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