« Back to Provision

Economic and Social Development – 2000

After attaining political stability, Cambodia continued to receive external support of its efforts to rebuild its economy and infrastructure. Ariston Sdn Bhd, a Malaysian-based multi-national corporation, has revived its massive 1.3 billion US dollar (S$ 2.2 billion) infrastructure project in Cambodia, the biggest source of foreign investment in the country.¹ In September 2000, the Asian Development Bank had approved a 16 million dollar loan for a package of infrastructure and training programs to help farmers in the Cambodian province of Kompong Thom increase their incomes by 40 percent.² Cambodia received support from the United States to rebuild its health infrastructure.³

Note: The information above gives the amount of money pledged at the donor conferences, but not the amounts that were actually spent. On the topic of socio-economic development, the boom of the garment and tourism industries that had been taking place in Cambodia since 1993 is also worth mentioning.

1. “Ariston revives stalled US $1.3b Cambodian project,” Business Times (Singapore), February 15, 2000.
2. “ADB loan to help Cambodian farmers increase incomes,” Deutsche Presse-Agentur, September 6, 2000.
3. “U.S. Gives Aid to Cambodian Health Sector, Emerging Markets Datafile,” Xinhua, September 27, 2000.