Call for More Investment in Infrastructure

As much as $16 billion of investment is needed in Cambodia over the next decade if the country’s infrastructure is to keep up with the pace of economic growth, ac­cording to a regional think tank. At a seminar in Phnom Penh on Thuesday, Jakarta-based Economic Research Insti­tute for Asean and East Asia (ERIA) presented re­search showing that between 1990 and 2011, 30 public-private partnerships—including power plants, hydro­power dams, airport concessions and a rail rehabilitation plan—were approved in Cambodia, with a large increase after 2006. ... Commerce Minister Cham Prasidh, opening the seminar, agreed infrastructure development was lagging economic growth, which according to government figures was 7.3 percent last year. ...

http://www.cambodiadaily.com/business/call-for-more-investment-in-infrastructure-33737/