Cambodia and ADB
In the Spotlight
Cambodia needs to broaden its economic base to support strong, inclusive growth and to put the country in a good position to take advantage of the upcoming ASEAN Economic Community, says a new report, Cambodia: Diversifying Beyond Garments and Tourism.
Over 500 kilometers of roads in six provinces in Western Cambodia are being repaired and rebuilt under a flood damage emergency reconstruction project.
ADB President Calls on Greater Mekong Subregion to Build on AchievementThe Greater Mekong Subregion has an opportunity to build on its success in promoting connectivity, economic competitiveness, and community through a new investment plan presented at the 5th GMS Leaders' Summit in Bangkok.
A Greater Mekong Subregion project helps builds a transmission line from Viet Nam to Cambodia to provide a steady supply of electricity to communities and industries in the southern part of the country.
Cambodia has achieved robust and steady growth over the past 2 decades. Considerable investments have been made by the government and development partners in rural areas, where more than 80% of all Cambodians live, and the population below the poverty line decreased markedly.
Cambodia and ADB celebrated 20 years of partnership in 2012. Under the country partnership strategy for 2014-2018, ADB will continue to support the government’s economic reform priorities and help promote inclusive growth.
14.68(2013) Population in millions
1.5%(2008-2013) Average annual population growth
25.9%(2009) Population living below the national poverty line