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Estatedia | Economy & Real Estate Media in Cambodia

Cambodia to Continue Development Projects Despite CLV-DTA Exit

PHNOM PENH: Despite Cambodia’s decision to withdraw from the Cambodia-Laos-Viet Nam Development Triangle Area (CLV-DTA), the country remains committed to its development initiatives in the northeastern region.

Prime Minister Hun Manet reiterated this commitment in a public message, emphasizing that the development of the northeastern region is a priority for the government, regardless of external cooperation.

With or without the CLV-DTA cooperation, Cambodia will continue to development her northeastern part and to ensure the territory and sovereignty defence because this is the people’s will, especially that of the people living in the northeastern part,” he underlined.

Key development projects, including border marker planting, interconnected infrastructure, and investment incentives, will continue to be implemented. The government will also maintain its focus on border ring road construction, with the support of the Border Infrastructure Development Foundation.

To enhance public awareness and engagement, the government will continue its free tour program to the northeastern region, allowing citizens to witness firsthand the progress made in development.

The Prime Minister also thanked the public for their contributions to the Border Infrastructure Development Foundation and reiterated that the fund-raising campaign will continue until October 31, 2024. He emphasized the importance of transparency and accountability in the use of the raised funds.

On September 20, 2024, Former Prime Minister Hun Sen, current Cambodian Senate President and the initiator of the CLV-DTA, officially announced Cambodia’s withdrawal from the cooperation after 25 years of involvement.

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