The Belt and Road Initiative has proved to be a catalyst that is driving Cambodia’s holistic development
The conclusion of the third Belt and Road Forum for International Cooperation in Beijing on Oct 18 was marked by renewed vigor in promoting the Belt and Road Initiative that embodies quality, green and clean principles. President Xi Jinping proposed eight pivotal measures aimed at enhancing the quality and effectiveness of the BRI projects, with a significant emphasis on green development, technological innovation and integrity. These progressive measures have received positive support from participating countries and partners.
Cambodia has been at the forefront as an early adopter of the BRI, recognizing it as a pivotal conduit for fostering international cooperation and creating a plethora of opportunities. The BRI is not merely an instrument for fostering inclusive multilateralism and global governance; it has been instrumental in driving Cambodia’s socioeconomic advancements.
Recalling the historic moment in October 2016, when intergovernmental agreements on the BRI were forged during President Xi’s visit to Cambodia, Cambodia and China have consistently prioritized and nurtured their bilateral relationships under the BRI. This is evident from the active and strategic participation of Cambodian stakeholders across sectors in various BRI-related forums, illustrating a shared vision and mutual commitment to fostering a globally connected community.
The impact of the BRI on Cambodia’s development landscape is notably substantial, with several flagship projects exemplifying the depth of collaboration. Projects such as the Sihanoukville Special Economic Zone, the Phnom Penh-Sihanoukville Expressway, and the Siem Reap Angkor International Airport are a testament to the transformative influence of the BRI in enhancing connectivity, fostering economic activities, and improving the overall quality of life in Cambodia.