Cambodia and ADB
In the Spotlight
ADB has appointed a new Country Director for Cambodia, Samiuela T. Tukuafu. A Tongan national, Mr. Tukuafu officially started in this post on 1 February, 2016.
ADB’s activities in Cambodia are focused around deepening rural–urban–regional linkages, targeting human and social development, and enhancing public sector management as a facilitating cross-cutting strategic pillar.
Tackling the skills gap and mismatch and boosting the productivity of the labor force are key challenges facing Cambodia if it is to maintain its impressive growth, says a new ADB report.
As Cambodia’s largest multilateral development partner, ADB has supported the country's government in reconstruction and development since the Paris Peace Agreement in 1991. As of December 2009, Cambodia received about $1.2 billion in loans and grants for the development of physical and social infrastructure, public sector management, private sector and finance sector development, and natural resource management and conservation.
Cambodia has moved closer to lower middle-income status via resounding economic growth driven by solid performances in garment manufacture, tourism, paddy and milled rice, and construction. While this growth is expected to continue through 2015-2016, the economy remains vulnerable to exogenous shocks and natural disasters. The Cambodia Socio-Economic Survey indicated that poverty in Cambodia fell dramatically between 2007 and 2012, from about 50% to below 20%.
Under the country partnership strategy for 2014-2018, ADB will continue to support the government’s economic reform priorities and help promote inclusive growth.
Projects in Cambodia
- Climate-Friendly Agribusiness Value Chains Sector Project
- Provincial Water Supply and Sanitation Project
- Upper Secondary Education Development Program (formerly Strengthening Secondary Education and Teaching of Math and Science)
- Strengthening Public Financial Management Program
- Decentralized Public Service and Financial Management SP2(Decentralized Rural Infrastructure)
- Third Financial Sector Program - Subprogram 3
- Advance Actions for the Proposed Flood Damage Emergency Reconstruction Project - Additional Financing
- Strengthening Knowledge Solutions II - Supporting the Government's Planning Cycle
- Improving Market Access for the Poor in Central Cambodia
- Road Asset Management Project