Cambodia is a vibrantly young and growing nation. Youth under the age of 30 represent two thirds of the country’s population, which continues to grow at around 1.6% per year. This demographic dividend can be used to further boost economic growth and bring about positive social transformation in Cambodia. Yet the country’s ability to realize these benefits in the future is dependent on youth’s access to decent and higher value jobs, their capacity to start and sustain their own enterprises, and their ability to adapt to rapid technological change driven by the arrival of the fourth industrial revolution.
The "Promoting Decent Youth Employment in Cambodia" project aims to support the Royal Government of Cambodia to promote and expand decent employment among youth and to identify and test avenues for young people to maximize returns on their jobs and income opportunities in the context of the changing landscape of Industry 4.0.
The project focuses on the following three results:
- Improving national and sector-specific policies related to youth skills development and employment in the context of Industry 4.0;
- Developing human capital for higher-value added employment to support Cambodia’s transition to Industry 4.0; and
- Increasing capabilities of young entrepreneurs to start and sustain businesses that are responsive to changing industry needs.