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Cambodia bets big on state-led development

Hok, Kimhean LU orcid (2026) In East Asia Forum
Abstract
Cambodia’s opening of Techo International Airport and the consolidation of the Bakong digital payment system signal a shift towards a more state-led and financially sophisticated development model. These initiatives reflect the Cambodian state’s expanding role in planning, financing and governing large-scale infrastructure and digital systems, deepening direct participation in development. While dependence on foreign capital will persist, the success of these reforms will depend on their translation into effective institutions, transparency and sustained economic upgrading.
Please use this url to cite or link to this publication:
author
organization
publishing date
type
Contribution to specialist publication or newspaper
publication status
published
subject
categories
Popular Science
in
East Asia Forum
publisher
Crawford School of Public Policy, College of Asia and the Pacific, Australian National University
DOI
10.59425/eabc.1769119200
language
English
LU publication?
yes
additional info
This article is part of an EAF special feature series on 2025 in review and the year ahead.
id
711c7447-6fa8-43b5-afae-719b4f6c2e24
date added to LUP
2026-02-10 20:58:15
date last changed
2026-04-17 13:52:24
@misc{711c7447-6fa8-43b5-afae-719b4f6c2e24,
  abstract     = {{Cambodia’s opening of Techo International Airport and the consolidation of the Bakong digital payment system signal a shift towards a more state-led and financially sophisticated development model. These initiatives reflect the Cambodian state’s expanding role in planning, financing and governing large-scale infrastructure and digital systems, deepening direct participation in development. While dependence on foreign capital will persist, the success of these reforms will depend on their translation into effective institutions, transparency and sustained economic upgrading.}},
  author       = {{Hok, Kimhean}},
  language     = {{eng}},
  publisher    = {{Crawford School of Public Policy, College of Asia and the Pacific, Australian National University}},
  series       = {{East Asia Forum}},
  title        = {{Cambodia bets big on state-led development}},
  url          = {{http://dx.doi.org/10.59425/eabc.1769119200}},
  doi          = {{10.59425/eabc.1769119200}},
  year         = {{2026}},
}