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Cambodia: Capacity Development Support for Cross-Border Economic Corridor / Special Economic Zone (SEZ) Sihanoukville Province

GRANT SUMMARY INFORMATION

SPECIAL FUND TYPE
MCDF Grant
MEMBER
Cambodia
SECTOR
Investment Climate; Trade

FINANCING

APPROVED AMOUNT
USD145,000

TIMELINE

APPROVAL DATE
December 17, 2021

DESCRIPTION

The objective of this MCDF grant is to provide technical assistance to the Ministry of Economy and Finance of Cambodia in development and implementation of a comprehensive masterplan for the multi-purpose Special Economic Zone (SEZ) in Sihanoukville, Cambodia. Sihanoukville has the only international deep-sea port in the country and is a driver of Cambodia's international investment and trade activities and is also a critical link for connectivity within the Greater Mekong region and beyond. The MCDF grant focuses on investment cycle capacity building for integration of standards (with a focus on environmental and social standards), risk management and trade facilitation. The support provided aims to improve the future formulation of high-quality infrastructure and connectivity investment projects (project preparation) in connection with the SEZ.

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