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The kingdom needs to upgrade its workforce skills, maximise youth dividend and accelerate digital transformation, said the UNDP.
The Council for the Development of Cambodia (CDC) has approved eight new projects worth US$71.4 million expected to create over 9,500 jobs.
These are workers who were not able to work due the lockdown, and each will receive about US$40 as part of the social assistance programme.
A statement has been issued to all factories and enterprises mandating that workers be given a paid day off in order to get vaccinated.
The Ministry of Labour and Vocational Training has clarified that factories cannot force workers to be vaccinated in order for them to return to work.
A recent government press release showed that the manufacturing and service sectors created the most jobs in the country over the last decade.
The government will continue to offer subsidies to the garment and textile industry, which accounts for 80% of the country’s exports.