ASEAN needs more funding

ASEAN needs to seek more funds from development partners to develop infrastructure and connectivity in order to narrow the gap among member states, said Prime Minister Hun Sen yesterday at the opening ceremony of the 44th ASEAN Economic Ministers meeting. The Premier said strengthening the connectivity of ASEAN through physical and institutional infrastructure, and people to people connectivity, is the key to narrowing the development gap between member states and ensuring the successful integration of ASEAN. Though the Asian Development Bank established the ASEAN Infrastructure Fund, which was launched in May this year, it is still small compared to the amount needed for true development, he said. …

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