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Digital economy committee formed

Chea Vannak / Khmer Times Share:
Aun Pornmoniroth, Minister of Economy and Finance. National Assembly

The Cambodian government has formed an inter-ministry committee to work on compiling a draft on frameworks for its digital economy and digital government policies.

According to a statement signed by Prime Minister Hun Sen on Sept 25 and issued publicly on Friday, the committee is chaired by Minister of Economy and Finance Aun Pornmoniroth and 25 members who are ministers and secretaries of state of relevant ministries and institutions.

The committee is assigned to work mainly on compiling and drafting the digital economic policy framework and digital policy framework for submission to the government to check for approval.

The committee shall establish two separate working groups – one on the economic policy side, led by the National Supreme Economic Council, and one on the government policy side, led by the Ministry of Posts and Telecommunication.

Cham Prasidh, the Minister of Industry and Handicraft, is a member of the newly-established committee. Regarding the digital transformation of organisational resiliency in the financial industry and SME sector, he said Cambodia is beginning to adopt smarter ways of doing business in the digital economy. It comes as global giants and other large multinational companies have expanded their reach into new markets.

Countries that embrace new technologies and reward innovation are likely to find themselves in an advantageous position over time, generating stronger digital infrastructure, a more digitally adept workforce and more robust economies, he said.

Mr Prasidh pointed out that modern digital infrastructure and up-to-date regulation is required to foster the healthy development of Cambodia’s digital economy.

“Connectivity includes building a national administration information network connecting all offices of each capital city of 25 provinces under the Digital Government Framework,” Mr Prasidh said. “To achieve these goals, Cambodia will require a secure and reliable telecom/ICT infrastructure to support and enhance connectivity.”

Mr Prasidh added one of the goals of Cambodia’s telecom-ITC development policy 2020 is to ensure that Cambodia has a complete set of ICT infrastructure to build connectivity for supporting the digital transformation.

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