Transcript Council for Development of Cambodia

Council for the Development of Cambodia
ASEAN AWARENESS FORUM II
By
SOK Chenda Sophea
Minister attached to the Prime Minister
Secretary General of the Council for the Development of Cambodia
30th September 2015
Milano, Palazzo Turati
Council for the Development of Cambodia
Cambodia within ASEAN within the Mekong Region
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Key Indicators
Council for the Development of Cambodia
GDP Growth (2004-2015)
16%
14.5%
14%
13.3%
12%
10%
10.8%
10.0%
11.0%
10.2%
8%
6.7%
6%
5.9%
7.1%
5.0%
9.3%
8.1%
7.3%
3.8%
2.6%
1.6%
2004
2005
2006
2007
2008
Agriculture
0.1%
2009
Industry
2010
2011
Service
2012
2013
2014e
2015p
GDP Growth
Population & Labor Force
Population: 15 Million
Literacy: 92.7% (15-24 years old)
Young and dynamic labor force:
Median age 24 years old
 Population growth rate : 1.54%
7.1%
7.0%
7.0%
4.3%
2%
0%
9.0%
7.5%
7.4%
3.1%
4%
9.6%
8.7%
GDP Per Capita (2004-2015)
USD
1500
Lao PDR
1000
500
Land area :
181,035 sq.km.
534
402 468
623 738 731
1130
990 1043
830 909
0
04
Low & Manageable Inflation
05
06
07
08
09
10
11
12
13 14e 15p
Stable Exchange Rate (USD-Riel)
4100
4076
4050
4034
4025
2012
2013
4050
4050
2014e
2015p
4000
3950
2011
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1225
Council for the Development of Cambodia
Council for the Development of Cambodia-CDC
Samdech Akka Moha Sena Padei Techo HUN SEN
Prime Minister of the Kingdom of Cambodia
Chairman
H.E. Mr. Keat Chhon
Permanent Deputy Prime Minister
1st Vice Chairman
H.E. Mr. Sun Chanthol
Senior Minister, Minister of Commerce
Vice Chairman
H.E. Mr. Sok Chenda Sophea
Minister attached to the Prime Minister
Secretary General
CAMBODIAN SEZ BOARD
CAMBODIAN INVESTMENT BOARD
CAMBODIAN REHAB. & DEV. BOARD
H.E. Mr. Sok Chenda Sophea
Minister attached to the Prime Minister
Secretary General
H.E. Mr. Sok Chenda Sophea
Minister attached to the Prime Minister
Secretary General
H.E. Mr. Chhieng Yanara
Minister attached to the Prime Minister
Secretary General
SEZ
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FDI
ODA
Committed Investments (by country)
Council for the Development of Cambodia
Year
2011
2012
2013
2014
Jan-Jun 2015
Total
$5.7 Billion
$2.9 Billion
$4.9 Billion
$3.9 Billion
$3.3 Billion
Rank
Country
1
Cambodia
2
%
Country
%
Country
%
Country
%
Country
%
41.24 Cambodia
42.08 Cambodia
66.80 Cambodia
64.00 Cambodia
China
30.55
China
20.69
15.68
24.44
3
Vietnam
11.99
Korea
9.89 Vietnam
6.10 Malaysia
2.18 Vietnam
0.86
4
U.K
4.30
Japan
9.15 Thailand
4.37
Japan
1.72
Japan
0.77
5
Malaysia
4.20 Malaysia
6.04
Korea
1.76
Korea
1.66
UK
0.54
6
Korea
2.91 Thailand
4.53
Japan
1.59 Vietnam
1.26 Malaysia
0.53
7
U.S.A
2.47 Vietnam
2.89 Malaysia
1.04
1.13 Thailand
0.52
8
Japan
1.15 Singapore
2.59 Singapore
1.03 Singapore
0.89
Canada
0.27
9
Australia
0.43
U.K
0.51
UK
0.43 Thailand
0.88
Korea
0.13
10
Singapore
0.28
U.S.A
0.42
France
0.27 Australia
0.51 Singapore
0.06
11
Others
0.48
Others
1.21
Others
0.94
1.36
0.04
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China
China
UK
Others
China
Others
88.63
7.65
Council for the Development of Cambodia
Committed Investments (by sector)
Tourism
10%
Investments by sector (2011- June 2015)
Agriculture
15%
3,000.0
Industries
34%
2,500.0
Infrastructure
41%
Million USD
2,000.0
1,500.0
Investment Capital
(2011- June 2015)
Total of USD 20.94 billion
1,000.0
500.0
0.0
Agriculture
Industries
Infrastructure
Tourism
Total
2011
794.5
1,340.8
2,782.3
845.6
2012
556.6
1,489.7
227.8
691.5
2013
1,128.8
1,106.7
2,620.8
106.0
2014
264.7
2,835.6
353.5
479.6
Jan-Jun 2015
352.7
359.9
2,529.4
73.9
5,763.2
2,965.6
4,962.3
3,933.4
3,315.8
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Council for the Development of Cambodia
Investment Opportunities in Cambodia
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Council for the Development of Cambodia
Agro-business
1) Production, Processing and
Commercialization of:
Rice, Corn, Cassava, Sugarcane, Rubber,
Cashew nut, Pepper and others
2) Livestock Farming and Aquaculture
 Animal breeding
 Animal feed production
Freshwater and marine aquaculture
 Processing and trading
Type
Cultivated Area (2013)
Yield (2013)
Cult. Area (2018)
Yield (2018)
Rubber
328,771 ha (P. estate17%, ECL 41%,
smallholder 42%)
(Mature: 78,493ha)
85,244 tons
>420,000 ha
400,000 tons
Paddy
3,052,420 ha
9,389,961 tons
3,34 million ha
10,85 million tons
Cassava
377,239 ha
7,933,381 tons
N/A
N/A
Corn
180,327 ha
848,450 tons
N/A
N/A
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Council for the Development of Cambodia
Tourism
 World Heritage Monuments
Angkor Wat Temple World Heritage Site - 1992
 Open Sky Policy to Siem Reap
 Natural beauty - Beach - Islands
 Ability to attract “add-on” trips
Mekong Dolphins in Kartie Province
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Song Saa Private Island
Council for the Development of Cambodia
Labor Intensive Industries, processing
and manufacturing
 Competitive labor cost
 Tax incentives
 Market access
 ASEAN Economic Community 2015
10
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Council for the Development of Cambodia
Age Pyramid of Cambodian Population
Source: Inter-censal Population Survey 2013
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Council for the Development of Cambodia
Industrial Development Policy 2015-2025
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Council for the Development of Cambodia
Industrial Development Policy (IDP) 2015-2025
 To provide policy framework and specific mechanism to
develop a competitive industrial sector in Cambodia and to
achieve its full integration into regional and global value
chain.
 To capture regional trends and changes in regional
architecture (AEC, RCEP/TPP, China+1 and Thailand+1).
 To promote a platform for growth focusing on economic
diversification, strengthening national competitiveness, and
enhancing productivity.
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Role of the Council for the Development of
Cambodia (CDC)
Role of the Council for the Development of Cambodia in the
implementation of the Industrial Development Policy 2015 - 2025 (IDP)
The Council for Development of Cambodia is fully mandated and provided
with essential functions in terms of policy decision-making, designing and
implementing plans, as well as addressing challenges in the industrial sector
with the aim at transforming this institution into an effective mechanism to
lead, coordinate and push for the implementation of the IDP.
Priority Setting
Agro- Industry
SMEs Development
Development
Priorities
Skill Training and HR
Development
Transport and Logistics
Development
Priority Setting
“It is not a coincidence, but it is based on the current socio-economic
reality, priority of the Royal Government, and ability to quickly generate
fruitful results for the people both in rural and urban areas”
- H.E. KEAT CHHON, Deputy Prime Minister (Standing), First Vice Chairman of the CDC,
during the meeting on Skill Training and HR Development on 13th August 2015.
Agro-Industry Development
Current Situation
• Weak export capacity with exports
being dominated by raw materials and
semi-finished products.
• Limited investment and value addition.
• Constraints in production, infrastructure,
technology, financing and markets, and
regulations.
Importance
• 65% of the population employed in agriculture.
• Large contribution towards economic growth, and
reduction of poverty and income gap between people in
urban and rural areas.
• Comparative advantage in agriculture, diversification of
crop production.
• Preferential market access (AEC, RCEP, GSP/MFN, EBA)
Policies
•
First Rectangle of the Rectangular Strategy Phase III: Promotion of Agriculture Sector
•
National Strategic Development Plan 2014-2018
•
Strategic Development Plan of the Ministry of Agriculture, Forestry, and Fisheries 2014-2018
•
IDP៖ Production of agro-industry for export and domestic markets (promote the export of processed
agricultural products to reach 12% of all exports by 2025)
•
Other relevant strategies, policies, and action plans
Distribution of GDP by Sector
Sector
1962
1998
2008
2013
2015
2020
2025
Agriculture
49%
44.5%
32.8%
31.6%
29.0%
25%
23%
Industry
19%
16.7%
22.4%
24.1%
26.2%
28%
30%
-
12.7%
15.3%
15.5%
16.0%
18%
20%
32%
34.8%
38.8%
38.5%
39.4%
40%
40%
0%
4%
6%
5.8%
5.4%
7%
7%
- Manufacturing
Service
Taxes
on
subsidies
products
less
Share of Export Products
Sector
1998
2008
2013
2015
2020
2025
Export of processed agricultural products
10%
10%
7.9%
8%
10%
12%
- Garment and Footwear
80%
70%
77%
60%
55%
50%
- Non-garment and footwear
0.1%
0.5%
1%
5%
10%
15%
Manufacturing
Council for the Development of Cambodia
Strategic Location
Kunming
Myanmar
Yangon
Southern China
Hanoi
Laos
o Vientiane
Vietnam
Thailand
Manila
Bangkok
.
1h:30 in
average
CAMBODIA
Phnom Penh
Brunei
Begawan
Kuala Lumpur
Malaysia
Singapore
Jakarta
Indonesia
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The Philippines
Council for the Development of Cambodia
MFN/GSP Market Access
Australia
Austria
Belarus
Belgium
Bulgaria
Canada
China
Czech Republic
Denmark
Finland
France
Germany
Hungary
Ireland
Italy
N-Korea
Luxemburg
Japan
Netherlands
New Zealand
Norway
Poland
Portugal
ROK
Russian Federation
Slovakia
Spain
Sweden
Switzerland
UK
USA
EBA
(everything but arms
initiative for LDCs)
… and ASEAN Economic Community (AEC)
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Council for the Development of Cambodia
THANK YOU!
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