PM Embraces “Khmer Can Do It” Motto: Cambodia Puts Best Effort to Self-Finance Infrastructure Projects

Cambodia Prime Minister Samdech Hun Sen has proudly embraced the “Khmer Can Do It” slogan, stating Cambodia will put its best effort to self-finance and build its own infrastructure development projects if possible, aiming to reduce reliance on FDI or development partners.

PM Hun Sen made the remarks during the site visit to various infrastructure developments in Sihanoukville on 01 December.

“Cambodia is always saving money to self-finance our own infrastructure development projects. With our own budget, we can build anything, anywhere, anytime. For example, the 34-road project in Sihanoukville and the 38-road project in Siem Reap are all government’ budget,” said PM Hun Sen.

“However, the COVID-19 crisis made us spend over US$2.3 billion of the national savings. Therefore, for now, we must continue to ask for help from our development partners,” he added.

Besides, PM Hun Sen also stated that all the equipment, materials, and technologies used to build the infrastructure in Cambodia must be brand new and modern, not second-hand or old. For instance, the wastewater treatment system in Sihanoukville has been using the latest technology from Israel.

“We have experience of using second-hand goods from Europe. When they were broken, we could not find spare parts as they had already stopped producing. Now, we have to use the brand new one because “Khmer Can Do It” said PM Hun Sen.

- Video Advertisement -

Related Post

Cambodia Launches Innovative Digital Platform to Register Informal Economy Businesses

In a landmark move to support its informal economy, the Cambodian government, led by PM Hun Manet, officially launched a digital registration platform on 16 December 2024. This initiative aims to register informal economy businesses, providing them with formal recognition and support, while enhancing awareness of their contributions to the national and family economy. The […]

Thailand Secures USD 500 Million Data Centre Investment, Ready to Compete with Indonesia and other Asian Powerhouses

Thailand solidifies its position as a rising data centre hub with a landmark real estate transaction facilitated by JLL Thailand. The deal secures prime land on Bangna-Trat Road for one of the world’s largest digital infrastructure companies, paving the way for a USD 500 million investment, according to RetalkAsia dated 23 November 2024. This project […]

Hong Leong Manufacturing Group Explores Opportunity to Invest on Motorcycle Factory in Cambodia

Malaysia’s Hong Leong Manufacturing Group is exploring the establishment of a motorcycle factory in Cambodia, signalling a major boost for the Kingdom’s manufacturing sector. The announcement came after a productive meeting between Duke Tan Khee Meng, President of the Malaysian Chamber of Commerce in Cambodia, and HE Chea Vuthy, Secretary General of the Council for […]

The Future of Infrastructure Engineering is Open

By Nicholas Cumins, Chief Executive Officer This post is an excerpt from the keynote delivered by Bentley CEO Nicholas Cumins to open the 2024 Year in Infrastructure conference. Infrastructure today is facing unprecedented challenges. Around the world, demand for better, more resilient infrastructure is surging—whether it is to expand energy grids, modernize transportation networks, or retrofit existing […]

CDC Unveils Groundbreaking Investment Project Management System to Boost Investor Confidence

The Council for the Development of Cambodia (CDC) has officially launched the innovative “CDC Investment Project Management System (cdcIPM),” a state-of-the-art digital platform designed to simplify and streamline the investment application process. This system allows investors to apply from anywhere and at any time, enhancing efficiency, reducing processing times, and ensuring greater transparency and integrity […]

Network News: How Digital Twins and Analytics Are Shaping the Future of Connectivity And 5G

Not entirely out of sight, but almost always out of mind, cell towers quietly form the backbone of modern communication, powering everything from texts and phone calls to TikTok videos. Some topping 200 feet, they can stand tall like sentinels along roads or poke up from the roofs of high buildings. Their thistle-like tops bristle […]