Cambodia needs a decade to grow digital economy: economy minister

Cambodia’s Economy and Finance Minister Aun Pornmoniroth said on Tuesday that Cambodia’s digital economy remains at the nascent stage and the kingdom needs at least a decade to grow it.

Speaking at the opening ceremony of a two-day workshop on “Policy and Direction of Cambodia’s Digital Economy” here, Pornmoniroth said the digital economy has been gradually taking shape in the country and creating new business activities in digital payment, online entertainment and E-commerce.

“Cambodia may need to spend the first five years to put all fundamental elements right together or digital readiness, and will spend another five or ten years to grow the digital economy and to aim for technology-driven economy,” he said.

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