Quality infrastructure needed to support economic growth
Cambodia sits at a crossroads in the ASEAN region, potentially making it a key part of regional economic development and trade flows, though improved infrastructure and more innovative financing approaches are still needed, infrastructure experts meeting in Phnom Penh said on May 10. Speaking at a dialogue session organised by the Japanese government, experts discussed the opportunities and challenges for infrastructure development within the ASEAN region. Yuichi Sugano, chief representative of the Japan International Cooperation Agency in Cambodia and one of the panellists, highlighted the Kingdom’s central position along the Southern Economic Corridor, an international trunk route that links Vietnam, Cambodia, Thailand and Myanmar. “Improving the corridor has a direct impact on the socio-economic health of the region,” he said. “Nearly half of [the corridor] passes through Cambodia and conditions in Cambodia have been improving year by year.”
