Written by Hor Hab
The Phnom Penh Post
Council of Ministers announces investments totaling $2.4 billion for the next three years, but some officials say many projects at risk
HUNDREDS of development projects planned through 2011 could be in jeopardy due to shortfall of more than US$1 billion in funding, government officials have said following the Council of Ministers announcement last week of a $2.4 billion investment plan.
Some 552 projects, mostly in infrastructure like roads and bridges, have been targeted for the next three years, of which 239 have already been begun, the Ministry of Planning said Friday.
The government and donors have pledged $1.4 billion towards completing the projects.
But a slowing economy and record-high inflation could put many of the projects out of reach as the government struggles to make up the difference, said Sam Rainsy Party lawmaker Yim Sovann.
Sok Borisoth, director of the anti-corruption group Pact, said he hoped the government could obtain more international funds, but that this would depend on whether donors felt Cambodia was working towards reform.
The Kingdom remains one of the most corrupt in Asia, and routinely falls to the bottom of the list on global graft ratings.
Donors for years have demanded that the government approve anti-corruption legislation, which has yet to reach the National assembly for debate.
Nguon Nhel, first vice president of the National Assembly, acknowledged that an unknown number of projects might not be completed due to the funding shortfall.
"But we hope to get close to our target," he said.
Nguon Nhel said the government would try to strengthen its tax revenue collection system in a bid to raise more money for the public coffers, as well as make more appeals to the international community.
"We get a lot of help from development partners such as Japan, China and many other countries," Nguon Nhel said.
He said the government's 2009-2011 development plan would prioritise agriculture and water-resource projects - both areas where he said the country was lacking.
"The government wants to push the export of agriculture products, as there are more countries asking to buy Cambodian agricultural products," he said.
"So we have to improve the irrigation system, water supply, rice seeds and agricultural technique," Nguon Nhel added.
Only 44 percent of Cambodia's rice fields have access to irrigation.
But the opposition says the focus should lean more towards social services like education and health care, as well as upgrading the power grid "because these are key to sustainable development", Yim Sovann said.
HUNDREDS of development projects planned through 2011 could be in jeopardy due to shortfall of more than US$1 billion in funding, government officials have said following the Council of Ministers announcement last week of a $2.4 billion investment plan.
Some 552 projects, mostly in infrastructure like roads and bridges, have been targeted for the next three years, of which 239 have already been begun, the Ministry of Planning said Friday.
The government and donors have pledged $1.4 billion towards completing the projects.
But a slowing economy and record-high inflation could put many of the projects out of reach as the government struggles to make up the difference, said Sam Rainsy Party lawmaker Yim Sovann.
WE GET A LOT OF HELP FROM DEVELOPMENT PARTNERS LIKE JAPAN, CHINA."I worry that Cambodia will not have enough budget to handle the development projects due to the slow economic situation, high inflation, corruption and problems with land seizures," he told the Post Sunday.
Sok Borisoth, director of the anti-corruption group Pact, said he hoped the government could obtain more international funds, but that this would depend on whether donors felt Cambodia was working towards reform.
The Kingdom remains one of the most corrupt in Asia, and routinely falls to the bottom of the list on global graft ratings.
Donors for years have demanded that the government approve anti-corruption legislation, which has yet to reach the National assembly for debate.
Nguon Nhel, first vice president of the National Assembly, acknowledged that an unknown number of projects might not be completed due to the funding shortfall.
"But we hope to get close to our target," he said.
Nguon Nhel said the government would try to strengthen its tax revenue collection system in a bid to raise more money for the public coffers, as well as make more appeals to the international community.
"We get a lot of help from development partners such as Japan, China and many other countries," Nguon Nhel said.
He said the government's 2009-2011 development plan would prioritise agriculture and water-resource projects - both areas where he said the country was lacking.
"The government wants to push the export of agriculture products, as there are more countries asking to buy Cambodian agricultural products," he said.
"So we have to improve the irrigation system, water supply, rice seeds and agricultural technique," Nguon Nhel added.
Only 44 percent of Cambodia's rice fields have access to irrigation.
But the opposition says the focus should lean more towards social services like education and health care, as well as upgrading the power grid "because these are key to sustainable development", Yim Sovann said.
3 comments:
Whose fault or problem is that? The doners? They planned the development with no money, expect foreign aid all the time? I think they plan all all these projects to get some money in their pockets only.
True, who faults is that?
The doners got their feasible study and budgetted the right way.
Those crooks or HUN SEN's clans pocketted all the money.
Come one stop begging. The more you beg the more Khmer people will get poorer. So the doners are already fed up.
Stop your beggin!!
Listen!
So much talk about building and modernizing Cambodia. No one has yet raised a the issue of cleanliness. Cambodia, almost everywhere is filthy. Trash on the road, in the village, in the markets, shopping malls, restaurants, etc.
Any where at all, Cambodia is so filthy. And this should be top priority for the government to deal head on with the issue without delay.
Do it now, clean it up and keep it clean at all time. "THEY" can do it and you can too. "THEY", who are "THEY"? "THEY" are the clean people anywhere on the planet.
Don't just apply make-up to your face while your entire being is dirty and smelly. It won't get attracted, but "cheeee... oooohh".
Modernization starts with overall cleanliness.
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