PHNOM PENH: Kin Phea, director-general of the International Relations Institute Cambodia (IRIC) said the members of the Association of Southeast Asian Nations (ASEAN) including Cambodia are greatly benefiting from the China-proposed Belt and Road Initiative (BRI).
The official stressed the contribution of BRI in enhancing economic growth and development in ASEAN as well as in the world at large.
Phea said BRI is helping to strengthen infrastructure connectivity, which is an important component of socio-economic development. Frequent visits of Chinese investors and tourists to ASEAN have also increased, which have greatly contributed to economic growth, job creations and poverty reduction in the region, he added.
This cooperation will grow stronger in the future, particularly in economics, trade, investment, tourism, culture and people-to-people contact, said Phea.
Ky Sereyvath, director of the China Study Center of the Royal Academy of Cambodia, said in general, ASEAN member states have been benefiting from the BRI.
Ek Tha, t vice chairman of the Royal Government Spokesperson Unit, said under the framework of the BRI, Chinese Investors are investing in Cambodia, particularly in the sectors of infrastructure, real estate and construction, agriculture, and tourism.
Tha said the BRI has not only brought economic development and growth to ASEAN, but also improved trade and investment thanks to geography, cultural value, and good relations between China and ASEAN.
He said China and ASEAN are important strategic partners in economics, trade, investment and tourism, given the fact that China has a population of about 1.4 billion and ASEAN has a combined population of more than 600 million.
Source: Xinhua News Agency