The Skills Development Fund (SDF) project was piloted by the Ministry of Economy and Finance (MEF) in March 2018 to test a new and innovative financing mechanism in order to promote demand-driven and sustainable skills development with the ultimate objectives of diversifying and increasing value addition of Cambodia’s Economy as well as creating better and decent jobs for Cambodian citizens.
In 2023, the Royal Government of Cambodia has transformed this pilot project into a TRUST FUND under the name of Skills Development Fund (SDF) (Sub-Decree 97.RNK.BK dated May 18, 2023) with the Board of Director comprised of the MEF, relevant line ministries and industry leaders. To date, the SDF has received fundings from the Royal Government of Cambodia, and development partners such as the Asian Development Bank (ADB) and Agence Française de Développement (AFD).
To become the most trusted financing platform for demand-driven and sustainable skills development to support 2030 & 2050 visions of the Royal Government of Cambodia.
To stimulate pragmatic partnership between employers and training providers.