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The Better Cambodia > Blog > News > PM Hun Manet Inaugurates Roads in Takeo, Highlights Inclusive Growth and Investment in Kampot SEZs
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PM Hun Manet Inaugurates Roads in Takeo, Highlights Inclusive Growth and Investment in Kampot SEZs

Cambodia Accelerates Inclusive Development with New Roads, Investment Zones, and Public Service Reforms

Last updated: April 30, 2025 1:56 am
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TBC
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Published: April 30, 2025
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PM Hun Manet Inaugurates Roads in Takeo, Highlights Inclusive Growth and Investment in Kampot SEZs
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Cambodian Prime Minister Hun Manet reaffirmed the Royal Government’s commitment to nationwide development, economic growth, and improved public services during the official inauguration of National Roads No. 31, No. 33, and No. 41 in Takeo Province on April 29. The newly rehabilitated roads are expected to serve as critical infrastructure for enhancing regional connectivity, boosting trade, and attracting investment to Cambodia’s southwestern provinces.

Road Infrastructure as a Catalyst for Growth

Speaking at the ceremony, Prime Minister Hun Manet emphasised that the government is prioritising development across all provinces—not just in Phnom Penh. Comparing the national economy to the human circulatory system, he stated, “Every province, every district, and every village must develop. Blood must reach every cell for the body to stay strong. Development must reach every corner of Cambodia.”

The premier highlighted that the three newly inaugurated roads—National Roads No. 31, 33, and 41—are vital economic arteries linking Phnom Penh and northwestern regions to the southwestern coastal provinces. These roads, rehabilitated since December 2022 under the leadership of former Prime Minister Hun Sen, aim to facilitate faster transport of goods, improve mobility, and support local livelihoods.

Public Involvement and Road Safety

Prime Minister Hun Manet called on citizens to play an active role in preserving these national assets. He urged all road users—drivers, passengers, motorcyclists, and pedestrians—to adhere strictly to traffic laws and road safety practices. “Traffic accidents cause more deaths and injuries than landmines,” he warned, adding that livestock owners must exercise caution to avoid road hazards.

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Encouraging Investment Along Economic Corridors

A key message from the event was the government’s appeal to the private sector to explore business and investment opportunities along these newly developed roads. “A road without users has no value. Infrastructure must be brought to life through investment,” said the Prime Minister. He encouraged both local and international companies to recognise the potential of these corridors for industrial growth, job creation, and profitability.

He further announced that infrastructure development is not limited to roads. The government is also enhancing rail networks and encouraging early investments in inland waterways and canals, particularly those passing through Kandal, Kampong Speu, Takeo, and Kampot provinces.

Strategic Expansion of Special Economic Zones

The Prime Minister revealed that in the past year alone, he approved the establishment of two to three Special Economic Zones (SEZs) in Kampot Province. One major investor has already set up two factories in Cambodia, with total investments nearing USD 1 billion aimed at exports to the European market. Additionally, discussions are underway for the development of a deep-water port in Kampot to support future industrial activities.

Hun Manet noted that Kampot, traditionally known for tourism and agriculture, is rapidly evolving into an emerging industrial hub. The combination of SEZ approvals, enhanced road connectivity, and plans for the Funan Techo Canal signal a strategic shift for Takeo and neighbouring provinces toward becoming exporters of manufactured goods.

Responsible Use of Loans for Infrastructure Development

Addressing concerns about Cambodia’s public debt, Hun Manet clarified that foreign loans are being used strategically to fund infrastructure projects that generate economic returns. As of the end of 2024, Cambodia’s total public debt was just over USD 12 billion—equivalent to 25.8% of GDP—with the majority being external loans.

“These investments in roads and bridges directly benefit citizens by generating income and boosting the state budget. That is how we share the benefits of development,” he said.

Improving Governance and Public Services

The Prime Minister urged local government officials to focus on public service delivery rather than personal gain. He stressed that effective governance is essential for attracting investment. “Don’t work for your own interests. Serve your province and the people,” he said.

Delays in issuing land titles, he noted, can significantly deter investors. “If land titles aren’t processed within three months, investors will look elsewhere.” He encouraged provincial leaders to compete in delivering quality services, as investor decisions are often based on ease of doing business at the local level.

Building a People-Centric Government

Hun Manet reiterated that citizen well-being has been a priority since before birth. He cited government programs supporting mothers and children from pregnancy until the child reaches two years old, despite Cambodia’s limited resources compared to more developed nations.

Among the six key policies of the government, three focus directly on citizens: improving health, providing free vocational training, and increasing wages. These initiatives demonstrate the government’s intent to improve living standards through inclusive and thoughtful policymaking.

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