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MTCP Alumni Newsletter 8 COuNTRY FOCuS – THE KiNgdOM OF CAMBOdiA Location : Southeastern Asia, bordering the Gulf of Thailand, between Thailand, Vietnam, and Lao PDR Area : 181,040 sq km Population : 13,881,427 (July 2006 est.) Nationality : Cambodian Independence Day : 9 November 1953 (from France) Ethnic Group : Khmer 90%, Vietnamese 5%, Chinese 1%, other 4% Religion : Theravada Buddhist 95%, other 5% Language : Khmer (official) 95%, French, English Currency : dong (VND) GDP : (Purchasing Power Parity) $34.08 billion (2005 est.) Bilateral relations between Malaysia and Cambodia are close and cordial. Malaysia continues to work closely with Cambodia at the regional and multilateral levels, including ASEAN, United Nations (UN) and Non-Aligned Movement (NAM). In ensuring that the bilateral relations between both countries are further strengthened, several high-level visits by leaders of both countries have taken place, most notably the Official Visit of the Right Hon. Prime Minister of Malaysia Datuk Seri Abdullah Ahmad Badawi to Cambodia on 26 January 2004 and the first State Visit of the King of Cambodia, His Majesty Norodom Sihamoni to Malaysia on 27-29 March 2006 as part of his tour of the ASEAN region since his accession to the throne in late October 2004. In the effort to further strengthen bilateral relations between both countries, Malaysia and Cambodia convened their Second Joint Commission Meeting (JCM) on 26-27 June 2006 in Siem Reap, Cambodia. The JCM is established as a mechanism to generate and foster closer bilateral relations between the two countries. Its aim is to pave the way to explore new cooperation opportunities in various areas that could benefit both countries mutually. Among the issues of mutual interests were those pertaining to security, trade, investment, transportation, tourism, agriculture, forestry, fisheries, land management, urban planning, construction, education, youth and sports, information, ICT, technical cooperation, capacity building, transnational crime and labour. In terms of trade and investment, the Malaysian private sector has a significant presence in Cambodia. To date, the Malaysian Business Council in Cambodia (MBCC) has 48 full members (i.e. companies with Malaysian interests of 51 percent and above equity participation) and 13 associate members. Although the volume of bilateral trade between Malaysia and Cambodia remained small, it has shown a noticeable upward trend. In July 2006, the total value of bilateral trade between Malaysia and Cambodia was USD43.5 million. Malaysia’s exports to Cambodia totalled USD25.1 million, while Cambodian imports to Malaysia totalled USD18.4 million. Malaysia is the second largest foreign investor after China in Cambodia, with a total investment in terms of fixed assets approved amounting to USD1.8 billion. Malaysia’s main investments in Cambodia include banking, hospitality industry, garments, civil engineering, construction, petroleum, utilities, telecommunications and beverages. Currently, more than 42 Malaysian companies operate in Cambodia including Maybank, Petroliam Nasional (Petronas), Padiberas Nasional (Bernas), Muhibbah Engineering, Sunway Hotel, Malaysia Airlines (MAS) and Casacom.
GDP growth : 13.4% (2005 est.) GDP per capital : $2,500 (2005 est.) Inflation Rate : 5.8% (2005 est.) Unemployment Rate : 2.5% (2000 est.) Major Industries : tourism, garments, rice milling, fishing, wood and wood products, rubber, cement, gem mining, textiles Exports : $2.663 billion f.o.b. (2005 est.) Imports : $3.538 billion f.o.b. (2005 est.) *Sources: CIA Fact book Mr. Chin Sothun and Mr. Phin Rody during the group discussion session Mr. Chin Chamrecun getting to know the characteristics of toxic and hazardous wastes at EiMAS demonstration lab 9 MTCP Alumni Newsletter In accordance with Malaysia’s foreign policy of “prosper-thy-neighbor,” Cambodia continues to participate actively under the Malaysian Technical Cooperation Programme (MTCP). Since joining the MTCP as a member country in 1984, the MTCP had provided a total of 686 scholarship grants to Cambodian officials, making Cambodia the third highest ranking country in terms of being a recipient of MTCP scholarship grants for training. For 2006, up until August, 39 officials from Cambodia participated in short and long-term courses in a wide spectrum of technical areas in Malaysia. Based on the feedback from participants, the MTCP training had benefited them in terms of acquiring knowledge and technical skills as well as a better understanding of the particular Malaysian model of development. Cambodian participants during the homestay programme
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