Cambodia Needs Some US$5,400 Million for Country’s Development for 2018-2020

[Cambodia Needs Some US$5,400 Million for Country’s Development for 2018-2020]
Source: Agence Kampuchea Presse, as of Aug. 25):

Samdech Prime Minister Hun Sen and his Members of the Cabinet approved draft Public Investment Program (PIP) during the weekly cabinet meeting today (Aug. 25) that Cambodia needs a total of US$5,417 million to carry out the PIP for Three-Year Rolling 2018-2020. For 2018, Cambodia needs US$1,918 million while US$1,785 million in 2019, and US$1,714 million in 2020 to carry out 586 development projects in the three-year period. Between 2018 and 2020, 166 projects, being implemented, need a total of US$2,536 million, while 420 others, to be carried out, require some US$2,881 million. The Royal Government of Cambodia has pledged some US$537 million while the development partners (DPs), US$2,918.1 million, therefore Cambodia needs more US$1,961.8 million. Some 15.3 percent of the total fund will be allocated for projects in social affairs sector, 44 percent for projects in economic sector, 26.9 percent for projects in infrastructure sector, and 13.8 percent for projects in services sector and inter-sectoral program.