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/