Finance Secretary of State Receives ADB Vice President

Secretary of State for the Ministry of Economy and Finance H.E. Vongsey Vissoth received here early this week visiting Vice President of the Asian Development Bank (ADB) Mr. Stephen P. Groff to exchange strategic perspectives on cooperation between the Royal Government of Cambodia (RGC) and ADB.

On the occasion, H.E. Vongsey Vissoth informed his guest about the possibility to create a Bond Market, a new additional capital source for Cambodia’s economic development and to increase effective spending on public investment in physical and logical infrastructure and education and vocational training, along with main reforms in the framework of implementation of Cambodia Industrial Development Policy 2015-2025.

For his part, Mr. Stephen P. Groff spoke highly the fast and fruitful development in Cambodia and reaffirmed the ADB’s commitment to promote full cooperation with the RGC in contribution to the economic development of the Kingdom.

Mr. Stephen P. Groff arrived in Cambodia to attend the World Economic Forum on ASEAN 2017 being hosted by Cambodia from May 10 to 12.

Source: Agency Kampuchea Press