Cambodia sees remarkable progress in socio-economic development in last 5 years

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Xinhua, Phnom Penh :
Cambodia has seen rapid development in transport infrastructure, energy, trade, investment, construction and real estate, and tourism in the last five years, officials and experts said.
Chan Sophal, director of the Center for Policy Studies, said he had observed that the government had worked actively to develop these sectors in its fifth term (2013-2018), which had greatly contributed to socio-economic development and poverty reduction.
“As we all have seen with our own eyes, there has been remarkable development of infrastructure such as roads, bridges, railroads, and hydropower plants in the past five years,” he told Xinhua. “For construction, high-rise buildings, office buildings, and condos have been developed rapidly these years.”
Va Simsorya, a spokesman for the Ministry of Public Works and Transport, said several large bridges across the Mekong River, about 1,500 km of national roads, ports, and railroads had been built in the fifth five-year term of the government. He said the Southeast Asian nation had invested an average of 300 million U.S. dollars a year for the development of transport infrastructure.
Simsorya said besides internal connectivity, Cambodia is also well connected with its neighboring countries – Thailand, Vietnam and Laos – by land.
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