To complement the efforts of other government relevant ministries and institutions to accelerate the building of highly skilled workforce to meet the demand of private sector, Ministry of Economy and Finance has initiated a training fund called Skills Development Fund (SDF). SDF is innovative partnership between public-private sectors in skill development, which is recognized as an effective approach to better equip workforce with the right skills and meet the demand of private sector. In fact, funds for training such as SDF have been commonly used by many governments around the globe to address skills needs by the private sector for the following three reasons: (1) private sector has a platform, where they could seek co-financing from the government to fund training projects to upgrade their workers, (2) government could minimize risks of labor supply mismatch to the need of the job market, and (3) training fund such as SDF would encourage training providers and industry to work closer in jointly developing and implementing the training programs, and allow trainers at school to expose to latest equipment, technologies, and practices at industry which would foster school-industry linkages.
Through SDF, the RGC is taking a serious and innovative approach to the development of Cambodia’s workforce. SDF project is indeed supported by reputable development partners, such as the Asian Development Bank (ADB) and the Agence Française de Développement (AFD). The SDF is co-financing both upskilling workers who are currently working and providing training to new workforce. The fund also targets training of trainers (ToT) who currently work in schools or companies so they could upgrade their expertise. SDF welcome proposals for training in both soft skills and technical skills initiated jointly by private sectors, schools and training providers and target key industries such as manufacturing, electronics, construction, ICT, tourism, etc.
We cordially invite you to look through sections of our webpage and get in touch with our team members through various channels. And, we look forward to receiving your training proposals and working with you to achieve successful outcomes for SDF.
Vanarith CHHEANG, Project Director