Cambodia is increasingly integrating with the region and has enjoyed a decade of macroeconomic stability and growth. However, its progress in meeting the Millennium Development Goals is uneven. Read More »
The objective of the Trade Facilitation
and Competitiveness Project (TFCP) for Cambodia is to
promote economic growth by reducing transaction costs
associated with trade... Show More + and investment, introducing
transparency in investment processes, and facilitating
access of enterprises to export markets. The restructuring
will mainly reallocate resources from the subcomponent on
the electronic single window to: (i) a further extension of
the customs automated system; (ii) automation of
Certificates of Origin (C/O) issuance; and (iii) creation of
a Trade Information Website (TIW). Early during project
implementation, the Government indicated its decision not to
proceed with the institutional model initially envisaged for
the creation of a single window. However, it remained
committed to offering much of the functionality initially
envisaged under such a single window, building on the
platform of the customs automated system supported by the
TFCP. The restructuring supports this new approach through
redeploying resources that will support further deployment
of the customs automated system, the automation of C/O, and
the dissemination of trade-related information on a new TIW.
Other resources are being redeployed to continue support to
trade-related labor standards in the garment industries
('better factories Cambodia') and additional training. Show Less -