Phnom Penh [Cambodia],September 1: The Cambodian government and the United Nations Development Program (UNDP) on Wednesday jointly launched the Cambodia SDG Investor Map, a market intelligence tool that identifies viable investment opportunity areas aligned with the Cambodia Sustainable Development Goals (SDGs).
The UNDP estimated last year that by 2025 the funding available for development in Cambodia will reach 23.4 billion U.S. dollars, or 69.8 percent of the kingdom's gross domestic product (GDP), driven mainly by domestic resource mobilization, foreign direct investment and remittances.
As such, the map was created to identify investment opportunities in priority sectors that have both strong financial and development impact potential.
According to a joint press statement, the Cambodia Map is added to another 22 country SDG Investor Maps, accessible on the SDG Investor Platform.
"It highlights 15 investment opportunity areas that cover business models across six SDG priority sectors, namely, agriculture and allied industries, financial services, infrastructure, renewable energy, education, and healthcare," the statement said.
The map also identifies another 10 'white spaces' aligned with national development needs that have potential for growth but would require more private sector participation or scope for more policy support, it added.
Following the launch of the SDG Investor Map, UNDP Cambodia and its partners will bring together potential investors, investee companies and policymakers for partnership building and boosting investments in the Cambodia SDG priority areas identified in the map, the statement said.
Source: Xinhua
