Logo of Phnom Penh Post newspaper Phnom Penh Post - Book looks to nation’s future

Book looks to nation’s future

Content image - Phnom Penh Post
The book, entitled Cambodia 2014, Economic Development, mainly focuses on how Cambodia will develop over the next 20 years. Facebook

Book looks to nation’s future

Konrad Adenauer Stiftung, the German political advisory council and future forum, on Wednesday launched a book mainly focusing on how Cambodia will develop over the next 20 years.

Cambodia 2040, Economic Development, spans 213 pages under nine chapters.

The topics include economic development outlook, fiscal policy, industrialisation, regional economic integration, economic diplomacy relations, energy, environment and climate change and social protection systems.

The launch of the book attracted hundreds of participants from government institutions, embassies, civil society organisations and the private sector.

Discussions were held to share positive and negative scenarios and offer solutions to problems which may arise over the next 20 years.

Future Forum president Ou Virak said: “Talking about solutions for Cambodia going forward is one of the most necessary things at the present.

“Look at the history of Cambodia . . . of conflict and prosperity, which can be our lessons. But in terms of policy, we should talk about the future and find solutions for it.

“Discussion about the future is always vague, so we ask scholars and writers to think of possible scenarios that we, Cambodia, and they want to see. But they also have to think about the future if we continue with the same policies.”

Virak said the book would be a valuable source for the government, academics and citizens to study and explore different policies to create the future they want to see.

“We want them to start thinking about what is possible and better for the future. When they start to think this way, they will be motivated and start to think about how to make that future a reality,” he said.

Chapter two, which covers the economic development outlook, says the Kingdom could possibly develop into an industrial base on the back of the agricultural sector by 2040.

“Strong political will and bold reform efforts have been key to effectively address structural weaknesses to improve the investment climate, reduce business costs, enhance trade facilitation and address skills shortages.

“This has provided a conducive environment for Cambodia to strengthen its competitiveness and attract more quality foreign direct investments for economic diversification, with a focus on higher value-added goods and services,” the book says.

A press release from Konrad Adenauer Stiftung on Wednesday said the book’s conclusions and suggestions were reached after speaking with experts in their respective fields.

It noted that the book also includes global trends that will challenge Cambodia in the coming years, such as climate change, population growth, digitalisation and globalisation.

“[The book] illustrates the hypothetical outcome for the topic if current practice keeps going,” it said.

MOST VIEWED

  • Siem Reap drain canal now ‘mangrove’ promenade

    A more than half a kilometre long stretch of canal in Siem Reap has been covered and turned into a promenade to attract visitors, said Ly Rasmey, secretary of state at the Ministry of Land Management, Urban Planning and Construction, on September 16. The new pedestrianised

  • Angkor wildlife, aquarium park still to open October

    The Angkor Wildlife and Aquarium complex about 30km southeast of Siem Reap town with initial total investment of more than $70 million is reportedly still on track for an end-October opening. The park is located on a 100ha plot along National Road 6 in Kbon village, Khchas

  • Final verdicts for Khmer Rouge leaders ‘vital’ for next generation

    Nearly a decade after the commencement of Case 002/02 against Khieu Samphan back in 2014, the Extraordinary Chambers in the Courts of Cambodia (ECCC) is now set to deliver its final verdict for the former Khmer Rouge head of state. The Supreme Court Chamber of the ECCC,

  • Defence minister reaffirms Kingdom’s staunch support for One-China policy

    Minister of National Defence General Tea Banh has reaffirmed Cambodia’s unwavering support for the One-China policy. Tea Banh was speaking at the September 20 ceremonial handover of 117 vehicles and other military equipment donated by China’s defence ministry, held at Phnom Chumreay International Military Training

  • Deaths due to ‘lifestyle’ diseases rise in Kingdom

    The Ministry of Health has called on people to pay closer attention to their health to protect themselves from non-communicable diseases (NCDs) which it said have caused high rates of deaths in the country. Ministry secretary of state York Sambath made the call at a

  • Textile industry minimum wage now $200

    The official minimum wage for workers in textile-related sectors including garment, footwear, and travel goods for 2023 was pegged at $198, with Prime Minister Hun Sen stepping in to add $2 to the total, making it $200 per month. The Ministry of Labour and Vocational Training made the announcement