ADAPTATION AND ADOPTION OF INDUSTRY 4.0 IN CAMBODIA
Aug 10, 2020
Cambodia’s 2030 and 2050 visions can only be realised by exploiting the potential of new technologies to upgrade and diversify its economy. Cambodia has made important progress: its economy has grown at rates above 7% since 2011, and the share of people living in poverty has more than halved in the last decade. The Royal Government of Cambodia’s (RGC) Rectangular Strategy sets out the vision to become an upper-middle-income country by 2030 and a high-income country by 2050. As recognised in the Industrial Development Policy (IDP) 2015–2025, this vision can only be achieved if new technologies are leveraged to increase industrial value added, diversify exports and strengthen small and medium- sized enterprises (SMEs).
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