Cambodia and ADB

In the Spotlight

  • ADB and Cambodia: 50 Years of Partnership (1966-2016)

    As one of ADB's founding members in 1966, Cambodia ceased to be a member in 1975 due to war and social conflict. It reengaged with ADB in 1992 and has since been an active partner, embarking on a development path that emphasizes economic, inclusive, and sustainable growth. This album captures this 50-year journey.  

  • ADB Supports Cambodia's Efforts to Improve Access to Finance

    ADB has approved a $40 million loan and a $600,000 technical assistance grant to help strengthen Cambodia’s financial sector and improve people's access to financial services.

  • Cambodia Gets Funding to Improve Public Financial Management Systems

    ADB is expanding its support for better public financial management in Cambodia through a $30 million loan to support effective and efficient public service delivery and inclusive growth.

  • Cambodia and ADB: from Rehabilitation to Inclusive Growth

    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.

In recent years, Cambodia has moved closer to lower-middle-income status through resounding economic growth. This has been driven by solid performances in garment manufacture, tourism, paddy and milled rice, and construction. While this growth is expected to continue in 2016, the economy remains vulnerable to external shocks and natural disasters. Although the poverty rate fell between 2007 and 2012, from about 50% to below 20%, more than 70% of Cambodians still live on less than $3 a day, which means that many of them remain vulnerable to falling back into poverty.

Under the country partnership strategy for 2014-2018, ADB will continue to support the government’s economic reform priorities and help promote inclusive growth.

Cambodia is a member of the Greater Mekong Subregion (GMS).


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