Caption: Photo by Chor Sokunthea/ADB
The Asian Development Bank (ADB) has approved a $50 million policy-based loan under subprogram 1 of the Trade and Competitiveness Program to support the Government of Cambodia to diversify the country’s economy and boost its global competitiveness.
Caption: Photo by Eric Sales/ADB
The Asian Development Bank (ADB) has approved a $73 million financing package to boost the climate resilience and sustainability of coastal and marine fisheries in Cambodia.
ADB is one of Cambodia's largest sources of official development assistance, with average annual lending of $329.8 million from 2016-2021. The bank's support is aligned with the Cambodia's National Strategic Development Plan 2019-2023.
This report compares the Regional Comprehensive Economic Partnership (RCEP) with other free trade agreements and suggests how policy makers can promote its successful implementation.
The Asian Development Bank (ADB) and the United Nations Industrial Development Organization (UNIDO), in collaboration with the Ministry of Industry, Science, Technology and Innovation and the Ministry of Economic and Finance of the Government of Cambodia, held a virtual discussion on the status of Cambodia’s fourth industrial revolution (4IR) and pathways for the country’s transformation to this new industrial model by 2030 on 7-8 December 2021.
Second Rural Water Supply and Sanitation Sector Project in Cambodia. Photo by ADB
The Asian Development Bank (ADB) has approved a $180 million loan to help three cities in Cambodia improve urban infrastructure and boost economic competitiveness.
The Livable Cities Investment Project will help more than 140,000 residents in Bavet, Kampot, and Poipet access better wastewater and solid waste management services. It will help the cities reduce flooding by upgrading their urban stormwater and drainage systems. The project also aims to strengthen the capacity of municipal governments to deliver urban services.
Workers take a ride on a truck after their shift at a factory in Cambodia. Photo by ADB.
The Asian Development Bank (ADB) has approved an $82 million loan to improve about 48 kilometers of national and provincial roads in Prey Veng and Kandal to boost economic development along the Greater Mekong Subregion (GMS) Southern Economic Corridor.
Thailand’s Ministry of Commerce’s Trade Policy and Strategy Office (TPSO) organized the CLMVT+ Forum 2021 on 24-26 August. The forum highlighted the TPSO study emphasizing the importance of achieving an even economic recovery in the GMS.
Trade promotion agencies of Cambodia, India, Thailand, and Viet Nam held an event promoting cross-border trade connectivity between India and countries in the Greater Mekong Subregion (GMS) on 19 August. Representatives from each country gave briefings on their business environment and exchanged experiences in facilitating trade and investment cooperation. Noting challenges caused by COVID-19, they urged governments to take measures to help their small and medium-sized enterprises (SMEs) move beyond national borders and expand markets.
Cambodia Prime Minister Hun Sen signed a sub-decree to upgrade the Preah Sihanouk province (“Sihanoukville”) to a multi-purpose special economic zone (SEZ) on 9 June. This decision aims to increase its economic potential to investors.
Greater Mekong Subregion Secretariat
Regional Cooperation and Operations Coordination Division,
Southeast Asia Department, Asian Development Bank
Address: 6 ADB Avenue, Mandaluyong City 1550, Metro Manila, Philippines
Telephone: +63 2 8632 4444 Fax: +63 2 8636 2226
