Minister of Public Works and Transport Sun Chanthol said that Cambodia needs to work on four priority areas for the Kingdom to achieve high-middle-income status by 2030 and become a high income country by 2050.
The priority areas are reducing electricity prices, human resource development, reducing the cost of logistics and transport and transforming part of Preah Sihanouk province into a special economic zone.
The minister outlined the government’s priorities on July 21 during a meeting with officials at the public works ministry in order to solicit comments and input on improving the master plan for the connectivity of transportation and logistics as well as the “Comprehensive Master Plan of Multimodal Transportation and Logistics (2022-2030)”.
He said the four priority areas were previously set by the “Cambodia Industrial Development Policy 2015 – 2025”.
With regard to the improvement of the master plan on the connection of transportation and logistics as well as the multimodal transportation and logistics plan, he encouraged officials to provide feedback on it that is candid and thorough because it would be beneficial to the country and constructive criticism of the plans in this context would be accepted and welcome.
Chanthol said that to improve the two master plans the ministry had been working with the YCH Company on a study of the development and operation of the Phnom Penh Logistics Complex and the Preah Sihanouk Logistics Complex as well as the development of the Bassac River waterway, express railway project, Phnom Penh-Bavet Expressway project and the construction of the Kampong Thom-Kampong Chhnang and Battambang-Siem Reap roads.