Toward Adopting a Skills Development Fund for Cambodia
Abstract
Description
Cambodia’s new technical and vocational education and training (TVET) policy aims to promote public–private partnerships and mobilize resources to support TVET. A key strategy is to set up a national skills development fund.
There is a pressing need to respond to the growing demand for an adaptable workforce with professional skills and proper workplace behavior. In response, the government has taken steps to reform and strengthen the education and training system, including an enhanced role of the private sector in skills development and providing incentives to enterprises to train their own workforce.
One of the four overarching goals of Cambodia’s new Technical and Vocational Education and Training (TVET) Policy 2017–2025 is to promote public–private partnerships and mobilize resources from stakeholders to support TVET. A key strategy to achieve this goal is to establish a coordination mechanism that will set up a national skills development fund.