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/
