Cambodia : Trade and Competitiveness Program, Subprogram 1
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 Details
-
Project Officer
Morton, Sion L.
Sectors Group
Request for information -
Country/Economy
Cambodia -
Sector
- Industry and trade
| 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 | |
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| 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 | Sectors Group |
| Responsible ADB Division | Public Sector Management and Governance Sector Office (SG-PSMG) |
| 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 |
Loan 4267-CAM
| 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 | 09 Sep 2023 | 0.00 | 0.00 | 0% |
| Counterpart | 0.00 | Cumulative Disbursements | |||
| Cofinancing | 0.00 | 09 Sep 2023 | 50.00 | 0.00 | 100% |
Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.
The Access to Information Policy (AIP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.
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| Title | Document Type | Document Date |
|---|---|---|
| Loan Agreement (Ordinary Operations [Concessional]) for Loan 4267-CAM(COL): Trade and Competitiveness Program – Subprogram 1 | Loan Agreement (Ordinary Resources) | Dec 2022 |
| Trade and Competitiveness Program, Subprogram 1: Report and Recommendation of the President | Reports and Recommendations of the President | Nov 2022 |
| Trade and Competitiveness Program, Subprogram 1: Initial Poverty and Social Analysis | Initial Poverty and Social Analysis | Aug 2022 |
| Trade and Competitiveness Program, Subprogram 1: Concept Paper | Concept Papers | Aug 2022 |
Safeguard Documents See also: Safeguards
Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.
None currently available.
Evaluation Documents See also: Independent Evaluation
None currently available.
Related Publications
None currently available.
The Access to Information Policy (AIP) establishes the disclosure requirements for documents and information ADB produces or requires to be produced in its operations to facilitate stakeholder participation in ADB's decision-making. For more information, refer to the Safeguard Policy Statement, Operations Manual F1, and Operations Manual L3.
Requests for information may also be directed to the InfoUnit.
ADB to Help Diversify Cambodia’s Economy, Boost Competitiveness
ADB has approved a $50 million policy-based loan under subprogram 1 of the Trade and Competitiveness Program to support the Government of Cambodia to diversify the country’s economy and boost its global competitiveness.
Tenders
Contracts Awarded
Procurement Plan
None currently available.