Cambodia requires $1.5 billion for three-year infrastructure projects

PHNOM PENH: Cambodia requires approximately $ 1.5 billion in funds to implement infrastructure projects over a three-year rolling investment term from 2023 to 2025, according to a report released last weekend.

The 2023-2025 three-year public investment program includes 663 projects, 189 of which are ongoing and require US $ 5,106 million, and 474  for the implementation of the National Strategic Development Plan, which requires a capital of 4,115 million US dollars.

Social projects receive 13.4% of total public investment expenditure. – 43.6% of total government investment in economic projects – 37.4% of expenditures (approximately $ 1.5 billion) Total public investment for project implementation in the infrastructure sector and – 5.6% of total public investment expenditure for project implementation in the service sector and cross-sectoral programs

Based on a shared vision framework that defines the indispensable role of investment in driving economic growth. The conclusion that ensuring a public investment program will contribute to overall national economic growth and being a policy tool for turning national priorities into reality is critical in developing socio-economic development policies.

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