PM Presides Over the Opening of 2016 Cambodia Outlook Conference

Prime Minister Samdech Akka Moha Sena Padei Techo Hun Sen presided over here this morning the opening of the 2016 Cambodia Outlook Conference under the theme "Getting Things Moving - Regional and National Infrastructure and Logistics for Connectivity, Growth and Development."

This event, the 10th of its kind, was organised by the Cambodia Development Resource Institute (CDRI) and ANZ Royal, and co-sponsored by Manulife.

On the occasion, Samdech Techo Hun Sen delivered a keynote address on the current policy and development trends in the country.

The conference drew participation from distinguished guest speakers from high level government institutions, development partners, private sector institutions and academia specialising in logistics and infrastructure development to provoke discussion on various subthemes: Challenges - What Needs to be Done? Major Players and Issues (Planning, Implementation and Regulatory Framework), Working Together to Make it Happen, and Major Success Factors.

The development of infrastructure and logistics has been identified as a key pillar in various major development policies including Rectangular Strategy III, National Strategic Development Plan, Industrial Development Policy 2015-25, Cambodia Trade Integration Strategy 2014-18 and the Master Plan for Transport Infrastructure Development, said a press release, adding that this greater emphasis on building a comprehensive and efficient infrastructure and logistics system to drive the country's next stage of development makes the conference discussion highly policy relevant.

According to the press release, global governance and geo-politics has changed notably especially in terms of lessening support from traditional donors and China's power rise. The emergence of China-led mechanisms such as 'One Belt One Road initiative', the Asian Infrastructure Investment Bank (AIIB) and the Silk Road Fund, could be a major new regional response to the huge need for infrastructure development and financing in the region.

Source: AKP