Sustainable and Responsible Investments

In early 2019, WEF launched a project titled “Investment Facilitation for Sustainable Development in Cambodia”, with CPSA’s support. The aim of the project was to increase both the quantity and quality of investment (foreign and domestic) in Cambodia.The project took place on two levels: (a) measures at the economy level that have the potential to benefit all sectors, and (b) measures specific to the agro- industry, given the importance of agriculture as a vector of development. The two government agencies involved in the project are the Council for the Development of Cambodia (CDC) and MAFF. In May and June 2019, WEF and CPSA carried out interviews with key Cambodian stakeholders including policymakers, firms, business associations, researchers and civil society, meeting with a total of 41 separate entities. After consolidating the findings, the team then conducted a consultative workshop in October 2019 with more than 100 stakeholders. The aim of the workshop was to prioritize, refine and adjust the recommended measures made to CDC and MAFF. The final project report was produced in December 2019. The project’s success has secured the government’s interest and has been extended to 2020 for phase two. In the second phase, WEF and CPSA will support CDC and MAFF to implement selected sustainable investment measures that were recommended and approved in 2019. [Read more in KhmerTime] [Read more in WEF]