Project Data Sheet
Project 55255-001
Project Data Sheet
Project 55255-001
| Project Name | Trade and Competitiveness Program, Subprogram 1 | ||||
| Project Number | 55255-001 | ||||
| Country / Economy | Cambodia |
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| Project Status | Active | ||||
| Project Type / Modality of Assistance | Loan |
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| Source of Funding / Amount |
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| Operational Priorities | OP1: Addressing remaining poverty and reducing inequalities OP2: Accelerating progress in gender equality OP3: Tackling climate change, building climate and disaster resilience, and enhancing environmental sustainability OP6: Strengthening governance and institutional capacity OP7: Fostering regional cooperation and integration |
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| Sector / Subsector | Industry and trade / Industry and trade sector development |
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| Gender | Effective gender mainstreaming | ||||
| Description | The program will help the Government of Cambodia enhance the country's international competitiveness and diversify the economy, in turn helping the country to recover economically from the coronavirus disease (COVID-19) pandemic, achieve a higher income status, and improve the livelihoods of its citizens. The program supports three reform areas: (i) enhancing the enabling environment for investment and business; (ii) growing micro, small, and medium-sized enterprises (MSMEs); and (iii) improving trade policy and enhancing trade facilitation. | ||||
| Project Rationale and Linkage to Country/Regional Strategy | The program is aligned with the government's Rectangular Strategy (Phase IV), the National Strategic Development Plan 2019-2023 and several sector strategies. Accelerating competitiveness and economic diversification are also Strategic Objectives of the ADB country partnership strategy for Cambodia. It contributes to the following operational priorities of ADB's Strategy 2030: (i) priority 1 (addressing remaining poverty and reducing inequalities); (ii) priority 2 (accelerating progress in gender equality); (iii) priority 3 (tackling climate change); (iv) priority 6 (strengthening governance and institutional capacity); and (v) priority 7 (fostering regional cooperation and integration). |
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| Impact | |||||
| Project Outcome | |
|---|---|
| Description of Outcome | |
| Progress Toward Outcome | |
| Implementation Progress | |
| Description of Project Outputs | |
| Status of Implementation Progress (Outputs, Activities, and Issues) | |
| Geographical Location | Nation-wide |
| Safeguard Categories | |
|---|---|
| Environment | C |
| Involuntary Resettlement | C |
| Indigenous Peoples | C |
| Summary of Environmental and Social Aspects | |
|---|---|
| Environmental Aspects | |
| Involuntary Resettlement | |
| Indigenous Peoples | |
| Stakeholder Communication, Participation, and Consultation | |
| During Project Design | |
| During Project Implementation | |
| Responsible ADB Officer | Morton, Sion L. |
| Responsible ADB Department | Southeast Asia Department |
| Responsible ADB Division | Public Management, Financial Sector and Trade Division, SERD |
| Executing Agencies |
Ministry of Economy and Finance |
| Timetable | |
|---|---|
| Concept Clearance | 22 Aug 2022 |
| Fact Finding | 27 Jun 2022 to 01 Jul 2022 |
| MRM | 03 Oct 2022 |
| Approval | 05 Dec 2022 |
| Last Review Mission | - |
| Last PDS Update | 05 Dec 2022 |
| Milestones | |||||
|---|---|---|---|---|---|
| Approval | Signing Date | Effectivity Date | Closing | ||
| Original | Revised | Actual | |||
| 05 Dec 2022 | 22 Dec 2022 | 24 Mar 2023 | 31 Dec 2023 | - | - |
| Financing Plan | Loan Utilization | ||||
|---|---|---|---|---|---|
| Total (Amount in US$ million) | Date | ADB | Others | Net Percentage | |
| Project Cost | 50.00 | Cumulative Contract Awards | |||
| ADB | 50.00 | 12 Apr 2023 | 0.00 | 0.00 | 0% |
| Counterpart | 0.00 | Cumulative Disbursements | |||
| Cofinancing | 0.00 | 12 Apr 2023 | 0.00 | 0.00 | 0% |