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Demand in Labor on STEM (Science, Technology, Engineering and Math) CEA Roundtable Discussion August 8, 2016 Cambodiana Hotel, Phnom Penh Neak Samsen, Head of Market Research Nuppun Institute for Economic Research
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CEA Rountable Discussion on STEM_8 Aug 2016

Feb 12, 2017

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Page 1: CEA Rountable Discussion on STEM_8 Aug 2016

Demand in Labor on STEM(Science, Technology, Engineering and Math)

CEA Roundtable DiscussionAugust 8, 2016Cambodiana Hotel, Phnom Penh

Neak Samsen, Head of Market ResearchNuppun Institute for Economic Research

Page 2: CEA Rountable Discussion on STEM_8 Aug 2016

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1. What is STEM? And Why is it important?

2. Demand and Supply of STEM Labor in Cambodia

3. Suggestions for Policy Considerations

Content

Page 3: CEA Rountable Discussion on STEM_8 Aug 2016

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STEM

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STEM o Physicso Chemistryo Biologyo Health Scienceo Agriculture Scienceo Information

Technologyo Engineeringo Architecto Robotics …

STEM Fields/Subjects

Non-STEM o Economicso Sociologyo Tourism and Hospitalityo Foreign Languageso Lawo Rural Developmento Development Studieso International Studieso Businesso Marketingo Managemento Banking and Financeo Accounting…

Page 5: CEA Rountable Discussion on STEM_8 Aug 2016

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Importance of STEM: production of Scientists, Engineers and Innovators

Page 6: CEA Rountable Discussion on STEM_8 Aug 2016

Demand in STEM Labor in Cambodia

Page 7: CEA Rountable Discussion on STEM_8 Aug 2016

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2008-2018Cambodia would need 35,000 engineers and 46,000 technicians to work in manufacturing

sector

3,500 engineers/year4,600 technician/year

Source: Human Resource Needs of Industry in Cambodia

For example, for engineering

Page 8: CEA Rountable Discussion on STEM_8 Aug 2016

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Demand vs. Supply of STEM Labor

3,500 Engineers

Demand

4,600 technicians

Supply

1,500 engineers

1,300 technician

s

Sources: MoEYS and MLVT

Page 9: CEA Rountable Discussion on STEM_8 Aug 2016

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STEM job postings is twice more than that of non-STEM jobs

Source: HR Inc

Page 10: CEA Rountable Discussion on STEM_8 Aug 2016

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And, salary for STEM jobs are also higher

Source: HR Inc

Page 11: CEA Rountable Discussion on STEM_8 Aug 2016

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Minister of Education Dr. Hang Chuon Naron told the Phnom Penh Post in February 2015

that

about half of 220,000 students currently at Cambodia’s universities were studying

management, marketing, law, accounting, banking and finance, and tourism while

there were few students pursuing their study in engineering and technology.

Supply of STEM--Universities

Page 12: CEA Rountable Discussion on STEM_8 Aug 2016

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Supply of STEM--TVET

Source: MLVT

Page 13: CEA Rountable Discussion on STEM_8 Aug 2016

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o Cambodia Science & Engineering Festival

o Cambodia STEM Festival

o Encouraging the establishment of engineering schools

Some Actions Have Been Taken

Page 14: CEA Rountable Discussion on STEM_8 Aug 2016

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o Provincial STEM Festival: to inspire children

o STEM Forum at High Schools: to inspire students and influence their career decisions

o Strengthening STEM subjects at basic education levels

o Greater public investments on labs

Suggestions for Policy Considerations

Page 15: CEA Rountable Discussion on STEM_8 Aug 2016

Thank you for your attention !