Home BRI & CPEC Cambodia says BRI provides numerous advantages to developing countries

Cambodia says BRI provides numerous advantages to developing countries

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PHNOM PENH: Cambodia’s foreign ministry said in a press statement on Thursday that China’s Belt and Road Initiative (BRI) has provided numerous benefits to developing countries.

The statement was issued at the end of Cambodian Prime Minister Hun Manet’s trip to Beijing, capital of China, for the third Belt and Road Forum for International Cooperation, which was held in conjunction with the 10th BRI anniversary.

The BRI “has provided many developing countries, including Cambodia, with numerous advantages such as infrastructure development, foreign direct investment, economic growth, regional and global integration, and people-to-people exchanges,” the statement said.

It added that during the forum, Hun Manet affirmed Cambodia’s full support and readiness to jointly implement the eight major actions outlined during the forum.

The actions included building a multidimensional Belt and Road connectivity network, supporting an open world economy, carrying out practical cooperation, promoting green development, advancing scientific and technological innovation, supporting people-to-people exchanges, promoting integrity-based Belt and Road cooperation, and strengthening the institutional building for international Belt and Road cooperation.

The statement said that in his remarks to the forum, the Cambodian leader called for increased funding for digital infrastructure in developing economies, including connectivity, data centers, security and other key enablers and platforms, particularly through the BRI.

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