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Asked: December 18, 2024In: ,

Asia’s Top Cities for Exploring on Foot: A Unique Perspective. Discovering a city on foot can be one of the most enriching ways to explore its culture, history, and vibrancy. Based on an analysis of top city breaks in Asia, ...Read more

Asia’s Top Cities for Exploring on Foot: A Unique Perspective.

Discovering a city on foot can be one of the most enriching ways to explore its culture, history, and vibrancy. Based on an analysis of top city breaks in Asia, we’ve identified the cities that allow tourists to explore the most with the least effort.

The Most Walkable Cities in Asia
The Most Walkable Cities in Asia

Let’s take a closer look!

1. Dubai: Asia’s Most Walkable City

Dubai emerges as the most walkable city in Asia, offering a seamless pedestrian experience. A short 44-minute walk spanning 1.9 miles (3.1 kilometers) lets tourists visit the Al Fahidi Historical Neighborhood, Dubai Museum, and enjoy three delicious meals along the way.

This compact route means you’ll take just 3,800 steps and burn around 190 calories during your day of exploration. With a flat terrain and popular walking routes in Downtown Dubai and Dubai Marina, visitors are assured a pleasant stroll.

However, if you’re visiting during Dubai’s scorching summer months, with temperatures soaring above 40°C (104°F), remember to stay hydrated, wear sunscreen, and take cooling breaks!

2. Phnom Penh: A Close Second

Cambodia’s capital, Phnom Penh, secures second place. Its compact city center and flat terrain make it a breeze for tourists to explore on foot.

A leisurely 45-minute walk covers 2 miles (3.2 kilometers), connecting landmarks like the Royal Palace, the Silver Pagoda, and the National Museum. Along the way, visitors burn approximately 200 calories and take around 4,000 steps.

Don’t miss the riverside promenade along the Tonle Sap River—a scenic and relaxing route with plenty of cafes, restaurants, and shops to explore.

3. Ho Chi Minh City, Vietnam

Ho Chi Minh City ranks third, with tourists walking an average of 46 minutes across 2.1 miles (3.4 kilometers). This journey involves 4,200 steps and burns 210 calories.

The city’s compact layout and well-maintained roads provide an enjoyable walking experience. Stroll through bustling streets filled with history, culture, and delicious street food.

4. Yerevan, Armenia

Yerevan claims the fourth spot, offering a slightly longer walking route of 52 minutes across 2.3 miles (3.7 kilometers). This equates to 4,600 steps and 230 calories burned.

The city’s pedestrian-friendly zones and clear signage make navigating its streets an easy and enjoyable experience. Whether you’re soaking in the views or stopping for a bite, Yerevan’s walkability adds charm to its attractions.

5. Singapore: A Lush, Walkable Urban Haven

Rounding out the top five is Singapore, where you’ll walk just over an hour—66 minutes—to cover 2.9 miles (4.7 kilometers). That’s about 5,800 steps and 290 calories burned.

Singapore’s world-class urban planning ensures an enjoyable walking experience, with covered walkways, pedestrian bridges, and green spaces providing scenic routes.

Want to connect with locals? Try picking up a few phrases in Mandarin, Tamil, or English—it’ll make your trip even more memorable!

The Least Walkable Cities in Asia

Not all cities in Asia are easy to navigate on foot. Here are the least walkable ones:

1. Taipei, Taiwan

Exploring Taipei in one day involves walking an average of 9.7 miles (15.6 kilometers) and taking a whopping 224 minutes. That’s 19,400 steps and nearly 970 calories burned!

2. Jakarta, Indonesia & Tashkent, Uzbekistan

These cities tie for second place among the least walkable. Exploring either involves walking 8.5 miles (13.7 kilometers) over 191 minutes. That’s 17,000 steps and 850 calories burned!

How We Ranked These Cities

This ranking was based on a hypothetical one-day walking itinerary for each city, calculating distances, time, steps, and calories burned using Google Maps. While factors like weather, pollution, and safety weren’t included, this methodology offers a unique perspective on pedestrian accessibility across Asia.

Source: Preply.com

Exploring these cities on foot offers a deeper connection to their essence. Which walkable city would you like to explore next? Share your thoughts in the comments!

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Angkor Times
Angkor TimesExperienced
Asked: December 18, 2024In:

World Bank Report 2024: Diversifying Trade and Boosting Productivity to Drive Growth in Cambodia. Economic activity in Cambodia held steady in 2024, marked by a notable revival in exports and a partial recovery in tourism. The World Bank’s latest Cambodia ...Read more

World Bank Report 2024: Diversifying Trade and Boosting Productivity to Drive Growth in Cambodia.

Economic activity in Cambodia held steady in 2024, marked by a notable revival in exports and a partial recovery in tourism. The World Bank’s latest Cambodia Economic Update, titled From Recovery to Resilience: Harnessing Tourism and Trade as Drivers of Growth, released on December 12, 2024, highlights that economic growth is projected to reach 5.3 percent this year, up from 5.0 percent in 2023. At the heart of this recovery lies a significant emphasis on trade and productivity as essential levers for sustainable growth.

Export Surge and Tourism Recovery

Cambodia’s economic momentum has been fueled by a robust rebound in manufacturing exports, particularly in garments, travel goods, and footwear (GTF). These sectors continue to serve as pillars of the country’s economic performance. Additionally, the tourism sector showed promising signs of recovery, with international arrivals returning to pre-pandemic levels. However, challenges remain as tourist spending has yet to recover fully, largely due to a decline in high-spending visitors.

Cambodia Economic Update - From Recovery to Resilience December 2024
Cambodia Economic Update – From Recovery to Resilience December 2024

Tania Meyer, World Bank Country Manager for Cambodia, emphasized the importance of leveraging this recovery to address structural challenges. “Cambodia can further boost its growth by diversifying trade and improving productivity. Investing in human capital, particularly education, and deepening reforms to improve the business environment will be key to enabling the private sector to create more and better jobs,” she stated.

Domestic Consumption Under Pressure

While the export and tourism sectors paint an encouraging picture, Cambodia’s domestic consumption tells a different story. High household debt, subdued credit growth, and a prolonged downturn in the property sector have constrained consumer spending. These factors collectively dampen the overall pace of economic recovery.

FDI data in Cambodia

Nevertheless, the outlook remains cautiously optimistic. The manufacturing and services sectors are expected to sustain positive growth, supported by foreign direct investment (FDI) inflows and infrastructure development. The World Bank forecasts that real GDP growth will reach 5.5 percent in 2025 and 2026, buoyed by continued improvements in both tourism and manufacturing.

Fiscal Reforms and Revenue Mobilization

To ensure long-term fiscal sustainability, the World Bank underscores the need for comprehensive fiscal reforms. While Cambodia has made strides in fiscal management, boosting domestic revenue mobilization remains a priority. Enhanced tax reforms, discontinuation of pandemic-related fiscal measures, and more efficient governance of tax incentives are crucial steps to minimize revenue losses and support public investment.

Cambodia Economic Update-From Recovery to Resilience December 2024
Cambodia Economic Update-From Recovery to Resilience December 2024

Additionally, diversifying exports—particularly in processed agricultural products and services such as travel and hospitality—is vital. Reducing reliance on a narrow export base will help mitigate vulnerabilities to external shocks, including global economic slowdowns and geopolitical tensions.

Enhancing Productivity Through Business Reforms

Improving productivity is essential for Cambodia to achieve its ambition of becoming a high-income country by 2050.

Cambodia Economic Update - From Recovery to Resilience December 2024
Cambodia Economic Update – From Recovery to Resilience December 2024

The report outlines several reforms to drive this transformation:

  1. Structural Transformation: Shift towards higher value-added products and services.
  2. Business Modernization: Promote the adoption of digital technologies and modern management practices.
  3. Rural Development: Invest in rural infrastructure to connect businesses to markets.
  4. Ease of Doing Business: Simplify registration processes and reduce costs for small firms.
  5. Institutional Strengthening: Enhance regulations around business insolvency and market competition to create a stable business environment.

Outlook and Key Risks

The World Bank’s projections for Cambodia remain cautiously positive. With real GDP growth expected to reach 5.5 percent in 2025 and 2026, the country has a window of opportunity to build on its current momentum. However, significant risks persist, including:

  • Weak global demand and geopolitical uncertainties.
  • Rising household and public debt levels.
  • Banking sector vulnerabilities tied to the property market downturn.

Addressing these risks will require continued fiscal consolidation and deepening structural reforms. By diversifying its economy, improving the business environment, and investing in human capital, Cambodia can pave the way for sustained growth and resilience. With strategic actions, the country is well-positioned to achieve its long-term development goals and emerge as a high-income economy by 2050.

What are your thoughts on Cambodia’s economic prospects as outlined in the World Bank’s 2024 report? Share your insights in the comments below or join the conversation on our social media platforms.

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Angkor Times
Angkor TimesExperienced
Asked: December 18, 2024In:

The rapid advancement of digital technologies has transformed the way businesses operate worldwide. In Cambodia, the adoption of Artificial Intelligence (AI) and cybersecurity measures is now more critical than ever, especially as businesses strive to remain competitive and secure in ...Read more

The rapid advancement of digital technologies has transformed the way businesses operate worldwide. In Cambodia, the adoption of Artificial Intelligence (AI) and cybersecurity measures is now more critical than ever, especially as businesses strive to remain competitive and secure in a digital-first economy. This importance was underscored during the 1st Cambodia Digital Trade Forum & Online Expo, held as a key side event of the 17th Cambodia Trade Expo. Experts from both public and private sectors shared insights on how businesses can harness AI’s transformative power while navigating the growing risks of cybersecurity.

In her opening remarks, Chea Ratha, Secretary of State at the Ministry of Commerce, highlighted AI’s potential and the associated challenges for businesses in Cambodia. The discussions at this forum shed light on why AI and cybersecurity are no longer optional but essential components for businesses to thrive.

Chea Ratha, Secretary of State at the Ministry of Commerce
Chea Ratha, Secretary of State at the Ministry of Commerce

This blog post will explore the critical role of AI and cybersecurity in business operations, their benefits, challenges, and practical measures for implementation.

The Role of AI in Modern Business Operations

1. Revolutionizing Industries and Business Processes

Artificial Intelligence is reshaping industries by automating tasks, analyzing vast amounts of data, and enabling decision-making in real time. As discussed by Ali Syde, Director of Commercial Business at ABA Bank, AI enhances business operations, improves customer experiences, and drives innovation. From predictive analytics to chatbots, AI technologies provide businesses with powerful tools to streamline their processes and maximize efficiency.

For example:

  • Retail: AI-powered recommendation engines help businesses understand consumer behavior and suggest products tailored to individual preferences.
  • Healthcare: AI supports diagnostics, drug discovery, and personalized treatment plans.
  • Finance: AI enhances fraud detection, customer support, and investment management.

For Cambodian businesses, adopting AI can lead to faster growth, improved competitiveness, and access to international markets.

2. Enhancing Customer Experience

AI tools such as chatbots, virtual assistants, and automated systems can offer 24/7 customer support, respond to queries promptly, and deliver personalized recommendations. Businesses that leverage AI to understand their customers better can build stronger relationships and drive higher customer satisfaction.

3. Facilitating Data-Driven Decision Making

Data is the backbone of modern businesses. AI systems analyze large datasets to provide actionable insights that help business leaders make informed decisions. This is especially valuable in sectors such as agriculture, logistics, and manufacturing, where data-driven strategies can optimize resource allocation, reduce costs, and improve overall performance.

The Growing Importance of Cybersecurity

With the adoption of digital technologies comes the increased risk of cyber threats. Businesses that fail to protect their data are vulnerable to financial losses, reputational damage, and legal consequences.

1. Data Vulnerability in a Digital Economy

As Ali Syde emphasized during the forum, data is often vulnerable and visible. He highlighted how scammers exploit weaknesses in data protection systems, using tactics such as phishing, impersonation, and fake offers to lure businesses and individuals into disclosing sensitive information.

For instance, a simple fake advertisement for a discounted Gucci bag could trick users into sharing personal details, leaving them exposed to cybercrime. These scams highlight the urgent need for businesses to adopt cybersecurity best practices.

2. The Rise of Cyber Threats

The digital transformation wave has increased the frequency and sophistication of cyberattacks. Businesses are often targeted through:

  • Phishing emails and malicious links.
  • Ransomware attacks that encrypt critical data until a ransom is paid.
  • Data breaches resulting from weak security protocols.

These attacks can cripple businesses by causing financial losses, operational disruptions, and loss of trust among customers.

3. The Need for Cybersecurity Laws and Regulations

Cambodia is in the process of introducing cybersecurity laws, including the cybercrime law, the law on cybersecurity, and the draft law on personal data protection. According to Syde, these laws are critical for creating a stable and secure digital environment. They establish regulations that set standards for businesses to follow and help prevent cybersecurity incidents.

Businesses must align their operations with these laws to ensure compliance and safeguard their digital assets.

How AI and Cybersecurity Work Together

While AI introduces new opportunities for businesses, it also brings challenges related to data security. Fortunately, AI and cybersecurity can work hand-in-hand to provide a robust defense against digital threats.

1. AI-Driven Cybersecurity Solutions

AI enhances cybersecurity by detecting and responding to threats faster than traditional security systems. AI-powered tools can:

  • Monitor Networks: Detect anomalies in real time, flagging unusual activity that may indicate a cyberattack.
  • Prevent Fraud: Identify patterns and behaviors associated with fraudulent activities.
  • Automate Responses: Automatically neutralize threats, minimizing damage.

For businesses in Cambodia, AI-powered cybersecurity solutions can offer cost-effective and scalable protection against cyber threats.

2. Protecting AI Systems

While AI strengthens security, it can also become a target for cybercriminals. For instance, hackers can manipulate AI algorithms by feeding them false data. Therefore, businesses must secure their AI systems by:

  • Implementing strict access controls to prevent unauthorized tampering.
  • Regularly auditing AI algorithms to ensure their accuracy and integrity.
  • Encrypting data to protect it from interception.

Practical Steps to Strengthen Cybersecurity in Businesses

Ali Syde outlined several practical measures businesses can take to improve their cybersecurity posture. Implementing these steps can help businesses mitigate risks and safeguard sensitive information.

1. Two-Factor Authentication (2FA)

Enforcing 2FA ensures that only authorized individuals can access sensitive accounts and systems. This adds an extra layer of security, making it harder for hackers to gain unauthorized access.

2. Data Encryption

Encrypting data ensures that even if it is intercepted, it cannot be read without the proper decryption key. Businesses should encrypt both stored data and data in transit.

3. Regular Backups

Backing up data across different media ensures that businesses can recover critical information in the event of a cyberattack or system failure.

4. Limiting Data Collection and Sharing

Syde emphasized the importance of limiting the amount of data businesses collect and share with third-party applications. Companies should:

  • Collect only the data necessary to deliver their services.
  • Avoid oversharing sensitive information with external partners.

5. Implementing “Need-to-Know” Policies

Businesses should adopt strict access controls, ensuring that only authorized individuals can view or edit sensitive information. This reduces the risk of data breaches caused by internal threats.

6. Training Employees

Human error is one of the leading causes of cybersecurity incidents. Businesses must train employees to recognize phishing scams, use strong passwords, and follow cybersecurity best practices.

7. Establishing Contingency Plans

Businesses must have contingency plans in place to respond to cyber incidents. This includes:

  • Preparing alternative systems for emergencies.
  • Developing a clear response plan to minimize downtime and losses.

Challenges of Implementing AI and Cybersecurity in Cambodia

While the benefits of AI and cybersecurity are clear, Cambodian businesses face unique challenges when implementing these technologies:

1. Limited Awareness and Expertise

Many businesses lack awareness of the risks associated with digital transformation and the importance of cybersecurity. Additionally, there is a shortage of skilled professionals who can implement AI and cybersecurity solutions effectively.

2. High Implementation Costs

Small and medium-sized enterprises (SMEs) may find it costly to adopt AI systems and invest in robust cybersecurity measures. However, businesses must view these costs as investments that protect their future.

3. Evolving Threat Landscape

Cybercriminals are constantly developing new tactics to bypass security systems. Businesses must remain vigilant and regularly update their security protocols to stay ahead of emerging threats.

4. Regulatory Compliance

As Cambodia develops its cybersecurity laws, businesses must navigate new regulations to ensure compliance. This may require additional resources and expertise.

The Future of AI and Cybersecurity in Cambodia

The discussions at the 1st Cambodia Digital Trade Forum & Online Expo highlight the growing importance of AI and cybersecurity for businesses in Cambodia. As the country accelerates its digital transformation, businesses must:

  • Adopt AI technologies to improve efficiency, innovation, and customer satisfaction.
  • Prioritize cybersecurity to protect their data, operations, and reputation.

The Cambodian government’s efforts to introduce cybersecurity laws will play a key role in creating a safe and stable digital ecosystem. Businesses that embrace these changes early will gain a competitive edge in the market.

Securing Your Business’s Digital Future

The transformative power of AI and the importance of cybersecurity cannot be overstated. Businesses in Cambodia have an incredible opportunity to harness AI to drive growth, streamline operations, and deliver exceptional customer experiences. At the same time, they must remain vigilant and proactive in protecting their digital assets from cyber threats.

As Ali Syde noted, cybersecurity doesn’t require a massive team but rather the right steps and practices. Simple measures like two-factor authentication, encryption, and employee training can make a significant difference in safeguarding businesses.

The future is digital, and businesses that invest in AI and cybersecurity today will be better prepared to navigate the opportunities and challenges of tomorrow. By embracing innovation and prioritizing security, Cambodian businesses can build a resilient foundation for long-term success.

What steps has your business taken to adopt AI and improve cybersecurity? Share your thoughts and experiences in the comments below!

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Angkor Times
Angkor TimesExperienced
Asked: December 18, 2024In: ,

Why Preah Sihanouk is the Key Engine for Cambodia’s Economic Growth? Preah Sihanouk province, often referred to as the “Rising Star of the Southwest,” is emerging as a key driver of Cambodia’s economic growth. The Royal Government of Cambodia is ...Read more

Why Preah Sihanouk is the Key Engine for Cambodia’s Economic Growth?

Preah Sihanouk province, often referred to as the “Rising Star of the Southwest,” is emerging as a key driver of Cambodia’s economic growth. The Royal Government of Cambodia is actively transforming this coastal province into a vibrant hub for investment, development, and innovation. With its strategic location, advanced infrastructure, and growing industrialization, Preah Sihanouk is poised to become a leading economic engine within Cambodia and the broader ASEAN region. Let’s explore the reasons why this province holds the key to Cambodia’s economic future.

1. Strategic Location and Infrastructure Development

Preah Sihanouk’s geographical advantage plays a pivotal role in its transformation. Situated along Cambodia’s southwestern coast, the province is connected to Phnom Penh via the modern Phnom Penh-Sihanoukville Expressway – a 187-km high-speed route that reduces travel time between the two cities to just two hours.

The province is also home to the Sihanoukville Autonomous Port, Cambodia’s only deep-water port, which serves as a crucial gateway for international trade. This port is a cornerstone for maritime trade and logistics, providing opportunities for businesses to import and export goods efficiently.

Adding to its strategic importance is the Sihanoukville Special Economic Zone (SSEZ), a flagship project under China’s Belt and Road Initiative (BRI). The SSEZ hosts over 170 enterprises from various countries, contributing significantly to Cambodia’s industrial growth and creating thousands of jobs.

2. A Beacon for Foreign Investment

Preah Sihanouk has become a magnet for foreign investors, thanks to the government’s efforts to attract high-value investments. The recent Special Program to Promote Investment in Preah Sihanouk Province 2024, spearheaded by Prime Minister Hun Manet, has set ambitious targets to accelerate the province’s development.

During the recent investment summit titled “Preah Sihanouk Province: Cambodia’s Rising Star,” Hean Sahib, Secretary of State at the Ministry of Economy and Finance, highlighted the province’s remarkable achievements. Over $6.03 billion in investment capital was approved, far surpassing the initial target of $1 billion. This massive influx of investment has led to the approval of 213 projects, creating nearly 40,000 jobs in diverse sectors, including real estate, tourism, and industrial development.

This impressive growth reflects the province’s evolving role as an attractive destination for both local and international investors from countries such as China, South Korea, the United States, and the European Union.

3. Robust Industrialization and Job Creation

Preah Sihanouk’s industrial sector is a major contributor to Cambodia’s economic growth. With projects spanning manufacturing, logistics, and technology, the province is becoming a hub for industrial activity. Key highlights include:

  • Real Estate Development: 86 projects (40% of total) have been approved, with investments totaling $215 million.
  • Tourism Sector: 60 tourism-focused projects worth $218 million aim to boost the province’s hospitality and travel infrastructure.
  • Industrial Sector: 35 projects, representing $1.19 billion, have established manufacturing and production facilities, further driving industrialization.

These initiatives are not only creating jobs but also promoting sustainable economic growth. For instance, aluminum production plants and facilities for manufacturing household appliances for export to Europe and the Americas demonstrate the province’s potential to become a global manufacturing hub.

4. Tourism: A Pillar of Economic Development

Preah Sihanouk’s pristine coastline, beautiful beaches, and vibrant cultural scene make it a key destination for tourism. The province attracts both domestic and international travelers, with projections indicating it will welcome 5.4 million tourists annually by 2038. This influx of visitors is expected to significantly boost the local economy and create thousands of jobs in hospitality, entertainment, and related industries.

The government’s investment in modern infrastructure, including upgraded airports, luxury hotels, and eco-friendly resorts, is setting the stage for sustainable tourism development.

5. Vision for a Smart, Sustainable Future

One of the most exciting aspects of Preah Sihanouk’s transformation is its commitment to becoming a model green, sustainable city. Under current development plans, the province is rebranding itself as a smart city with modern infrastructure, renewable energy initiatives, and technological innovations.

Why Preah Sihanouk is the Key Engine for Cambodia’s Economic Growth?
Why Preah Sihanouk is the Key Engine for Cambodia’s Economic Growth?

Projections suggest that by 2038, Preah Sihanouk will become a high-income region 12 years ahead of the rest of Cambodia. The province’s gross domestic product (GDP) is expected to contribute 10% of Cambodia’s national economy.

This vision is supported by projects like the Smart City initiative, which focuses on environmental sustainability, cultural preservation, and technological innovation to improve residents’ quality of life and attract global investors.

6. ASEAN Integration and Regional Connectivity

Preah Sihanouk’s strategic role within the ASEAN framework further enhances its economic potential. As a key player in regional trade and investment, the province facilitates seamless connectivity between Cambodia and its ASEAN neighbors.

High-level international summits, such as the recent Preah Sihanouk Investment Summit, showcase the province’s commitment to fostering collaboration and partnerships. Government officials and business leaders from China, South Korea, the US, and Europe actively engage in discussions to unlock the province’s economic opportunities.

7. Government Commitment and Policy Support

The Royal Government’s unwavering commitment to transforming Preah Sihanouk into an economic powerhouse is evident through its proactive policies and initiatives. Programs like the Special Investment Incentives and Procedural Simplification have created a favorable business climate for investors.

Key achievements over the past 11 months include:

  • 213% increase in approved projects, exceeding the target by 113 projects.
  • Creation of nearly 40,000 jobs, surpassing initial projections of 5,000 jobs.
  • Development of multi-purpose buildings, tourism projects, and industrial zones that support economic diversification.

8. A Diverse, Growing Population

Preah Sihanouk’s growing population and cultural diversity further contribute to its economic transformation. By 2038, the province is projected to house nearly 1 million residents, accounting for 5% of Cambodia’s total population. This demographic growth supports increased consumer demand, business expansion, and workforce availability, making the province an ideal location for investment.

Preah Sihanouk’s Bright Future

Preah Sihanouk province is undeniably the key engine for Cambodia’s economic growth. Its strategic location, advanced infrastructure, robust industrialization, and booming tourism sector are driving its transformation into a dynamic economic hub. With the government’s strong commitment to sustainable development and investment promotion, Preah Sihanouk is well on its way to becoming a high-income, smart ASEAN metropolis.

Why is Preah Sihanouk the Key to Cambodia’s Economic Growth?
Why is Preah Sihanouk the Key to Cambodia’s Economic Growth?

The impressive achievements, such as attracting $6 billion in investments and creating 40,000 jobs, demonstrate the province’s economic potential. As Preah Sihanouk continues to evolve, it will play a central role in shaping Cambodia’s future economic success and regional prominence.

What do you think about Preah Sihanouk’s transformation into Cambodia’s economic powerhouse? Share your thoughts and let us know how this development can benefit Cambodia’s economy and its people!

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Angkor Times
Angkor TimesExperienced
Asked: December 17, 2024In:

The Eastern Shores of the Mekong River in Phnom Penh Are Booming for Development The eastern shores of the Mekong River in Phnom Penh are poised to become a hub of transformative growth and urbanization. This potential shift is driven ...Read more

The Eastern Shores of the Mekong River in Phnom Penh Are Booming for Development

The eastern shores of the Mekong River in Phnom Penh are poised to become a hub of transformative growth and urbanization. This potential shift is driven by ambitious infrastructure projects, government vision, and increasing private sector involvement. As the city’s western shores approach saturation with high-rise buildings and dense developments, the eastern shores offer a new frontier for urban and economic expansion.

PM urges private sector to boost development in eastern Mekong region
PM urges private sector to boost development in eastern Mekong region – Mekong Quay City

This vision was recently articulated by Prime Minister Samdech Moha Borvor Thipadei Hun Manet during the groundbreaking ceremony of the “Mekong Quay City” project, a joint venture between TP Moral Group and Khun Sea Group, in Akreiy Ksatr City, Kandal Province. The Prime Minister’s remarks underscored the critical role of strategic planning, public infrastructure, and private-sector collaboration in driving the development of this emerging region.

The Current Landscape: Full Western Shores and Untapped Potential in the East

Prime Minister Hun Manet noted that Phnom Penh’s western shores are nearing capacity in terms of urban development. “As I have observed, the western shores are already brimming with high-rise buildings, while the eastern part still consists largely of farmland,” he stated.

This contrast highlights the untapped potential of the eastern shores as an ideal site for planned urbanization and industrialization.

Boom in the Eastern Shores of Mekong River

This shift eastward is not just a matter of necessity due to spatial constraints but also an opportunity to rethink and modernize urban planning in Cambodia. The development in this region could transition the area from predominantly agricultural use to a dynamic hub for services and industries.

Key Infrastructure Projects Driving Connectivity

A significant factor in the eastern shores’ growth is the Royal Government’s commitment to enhancing connectivity between Phnom Penh and Akreiy Ksatr City. Among the notable projects is the Cambodia-Korea Friendship Bridge, which will connect Arey Ksat to the Night Market area in Phnom Penh. This project alone is expected to catalyze significant economic activity and urban development on the eastern bank of the Mekong River.

Additionally, the government is exploring further connectivity initiatives, including the potential construction of a bridge—whether overwater or underwater—linking the new satellite city in Arey Ksat to the Koh Norea area. These projects aim to ease transportation, facilitate trade, and stimulate investment in the eastern region.

A Vision for Smart and Sustainable Development

Prime Minister Hun Manet emphasized the importance of preparing the eastern shores for the anticipated boom. “We must ensure that public infrastructure, green spaces, and other amenities are well planned in the eastern region,” he said, highlighting the opportunity to build a modern, sustainable urban environment from the ground up. Unlike Phnom Penh’s western shores, where expansion is constrained by existing structures and dense urban sprawl, the eastern region provides a blank slate for innovative urban planning.

The “Mekong Quay City” development is a prime example of this forward-thinking approach. Positioned opposite the Koh Norea development project, it is envisioned as a satellite city with a rich mix of economic, commercial, and residential activities. Designed to embody modern aesthetics, environmental cleanliness, and efficient urban organization, the project aims to make Akreiy Ksatr City a “smart city” for both the present and future.

Encouraging Private Sector Involvement

The Prime Minister’s call for private sector collaboration underscores the importance of joint efforts in national development. “I encourage private companies to contribute to the development of our eastern region to achieve further progress,” he stated during the ceremony. By fostering partnerships between the government and private entities, the Royal Government seeks to accelerate the pace of development while ensuring that growth benefits both the country and its citizens.

The involvement of firms like TP Moral Group and Khun Sea Group in the Mekong Quay City project exemplifies how private investment can drive large-scale urban projects. Such collaborations are essential not only for funding and expertise but also for ensuring that projects align with international standards of quality and sustainability.

Improving Livelihoods Through Infrastructure

Prime Minister Hun Manet emphasized that these development initiatives are not solely about enhancing infrastructure but also about improving the lives of citizens. “These projects aim to uplift both the infrastructure and the livelihoods of our people,” he remarked. Improved connectivity, modern housing, and access to services in the eastern shores will provide residents with greater opportunities and a higher quality of life.

This shift is also expected to boost the economic potential of surrounding areas. The eastern region’s transformation will create new jobs, stimulate local businesses, and attract both domestic and foreign investors. In the long term, this will contribute to Cambodia’s overall economic growth and urban resilience.

Long-Term Vision: From Agriculture to Industry and Services

The Prime Minister’s optimism for the eastern shores’ future is grounded in a long-term vision of transforming the region into a hub for services and industries. This transition reflects Cambodia’s broader economic aspirations of moving beyond traditional agriculture towards a more diversified and modern economy.

“I hope the eastern shores of the Mekong River will evolve from an agricultural area into a vibrant hub for services and industries,” Prime Minister Hun Manet said. This shift will not only diversify the region’s economy but also position it as a key player in Cambodia’s urban and economic development.

Mekong Quay City: A Beacon of Modern Urbanization

The Mekong Quay City project is a pivotal step in realizing this vision. Situated on the eastern bank of the Mekong River, it represents a model for future developments in the region. Designed as a self-contained satellite city, Mekong Quay will offer a blend of residential, commercial, and recreational spaces.

Key features of the project include:

  • Smart Urban Planning: Emphasizing efficient land use, sustainable building practices, and green spaces.
  • Economic Opportunities: Creating a hub for businesses, retail, and services that will generate employment and stimulate economic activity.
  • Environmental Stewardship: Prioritizing clean environments and modern waste management systems.

By setting a high standard for urban development, Mekong Quay City will serve as a blueprint for similar initiatives across the eastern shores.

Unlocking Regional Potential

The eastern shores’ development is not only significant for Phnom Penh but also for the broader region. Enhanced connectivity and infrastructure will integrate the eastern shores into Cambodia’s national economy, creating ripple effects of growth and prosperity. As the region transforms, it will attract talent, investment, and innovation, solidifying its role as a key driver of Cambodia’s progress.

A Collaborative Future

The Royal Government’s support for private-sector involvement highlights a collaborative approach to development. By aligning the interests of public and private stakeholders, Cambodia can ensure that growth is inclusive, sustainable, and impactful. The success of projects like Mekong Quay City will depend on continued cooperation, visionary planning, and a shared commitment to the region’s potential.

Prime Minister Hun Manet’s call to action—inviting all stakeholders to contribute—is a powerful reminder that development is a collective effort. By working together, Cambodia can unlock the full potential of the eastern shores and create a thriving, modern urban landscape for generations to come.

A New Chapter for Phnom Penh

The eastern shores of the Mekong River represent a new chapter in Phnom Penh’s urban and economic story. With strategic infrastructure projects, government support, and private-sector collaboration, this region is set to become a beacon of modern development. As Prime Minister Hun Manet aptly noted, this transformation will not only enhance the city’s infrastructure but also uplift the lives of its people.

The development of the eastern shores is more than just an urban expansion; it is a testament to Cambodia’s aspirations for a brighter, more inclusive future. As these plans unfold, the eastern shores will undoubtedly play a central role in shaping the next era of Cambodia’s growth and prosperity.

Source: AKP

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