Cambodia needs 5.41 bln USD for next 3-year public investment program

Source: Xinhua| 2017-08-25 20:34:26|Editor: Zhou Xin
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PHNOM PENH, Aug. 25 (Xinhua) -- The Cambodian government on Friday approved the next three-year public investment program (2018-2020), which would need a total capital of 5.41 billion U.S. dollars to implement 586 projects.

The approval was made during a weekly cabinet meeting presided over by Prime Minister Samdech Techo Hun Sen, an official statement said.

The government has contributed 537 million U.S. dollars to the program, as development partners have pledged 2.91 billion U.S. dollars, it said, adding that the country is seeking another 1.96 billion U.S. dollars to cover the whole cost of the program.

According to the statement, 44 percent of the total investment would be focused on economy-driven projects, 26.9 percent on infrastructure projects, 15.3 percent on social projects, and 13.8 percent on service sector projects.

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