Cambodia and ADB
In the Spotlight
This joint report from ADB and the International Labour Organization examines constraints and opportunities for increasing productive employment in Cambodia.
With grant assistance from Australian Aid, ADB designed a pilot project to help rural women capture some of the jobs and income from road construction. So far, more than 25,000 work days have been created for rural women. This has generated more than $100,000 in wages.
This study examines the role of Special Economic Zones (SEZs) in Cambodia, and finds that the SEZs have attracted significant levels of foreign investment that would not have been present otherwise.
Cambodia’s economy is expected to remain strong through 2016, though it is likely to grow at a slightly slower pace than forecast earlier this year, according to a new ADB report.
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)
- Decentralized Public Service and Financial Management SP2(Decentralized Rural Infrastructure)
- Second Road Asset Management Project
- 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