\”Cambodia is seeking to undergo a major infrastructural overhaul with a price tag of $36.6bn, as outlined in a 174-project master plan released earlier this year. The ambitious goal is to modernize the country’s transportation and logistics network within a decade, aligning with the government’s aspirations of reaching upper-middle-income status by 2030 and becoming a high-income nation by 2050. Prime Minister Hun Manet, following in his father’s footsteps, has been spearheading this initiative and seeking support from foreign allies to make it a reality. China and Japan have emerged as key partners, with significant investments in projects such as expressways, high-speed rail lines, and port expansions. The government is also exploring funding options like ‘build-operate-transfer’ agreements to finance large-scale infrastructure developments. While the plan has raised concerns about environmental impact and displacement of residents, the government remains committed to pushing forward to achieve its vision.\”
