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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 ...

http://www.phnompenhpost.com/index.php/2012082858311/Business/asean-needs-more-funding.html

More Effort Needed for Asean Unity, Hun Sen Says

Countries in the region need to move faster to reduce the economic gaps between Asean nations if they are to successfully integrate and establish the Asean Economic Community by 2015, Prime Minister Hun Sen said yesterday. Speaking at the 44th Asean Economic Ministers’ Meeting in Siem ...

ASEAN Infrastructure Fund could be within Cambodia's reach

Access to the region’s largest collective financial resource, the ASEAN Infrastructure Fund, could be easier than expected for Cambodia, according to an Asian Development Bank economist. Initiated in May, the fund is expected to lend up to US$4 billion and leverage up to $13 billion for ...

http://www.phnompenhpost.com/index.php/2012071057314/Business/regional-fund-cambodia-adb.html

Newest ASEAN fund may be out of reach for Cambodian govt

The ASEAN Infrastructure Fund, the largest pooling of financial resources among Southeast Asia’s 10-member bloc, held its first board meeting in Manila last week, but the extent to which Cambodia will borrow from the non-concessional fund has yet to be determined, experts said. ASEAN countries and ...

http://www.phnompenhpost.com/index.php/2012050756005/Business/newest-asean-fund-may-be-out-of-reach-for-cambodian-govt.html

ASEAN infrastructure fund on track for May

The region’s finance ministers on Friday set a May launch date for the ASEAN Infrastructure Fund (AIF), a financing project expected to lend as much as US$4 billion to member countries through 2020. Speaking at the opening the ministers’ meeting, Prime Minister Hun Sen called ...

http://www.phnompenhpost.com/index.php/2012040255364/Business/asean-infrastructure-fund-on-track-for-may.html

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