Regional Perspective_Outlook Conference_Mr Kamayana

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    A Regional Perspective:A Regional Perspective:

    GMS, ASEAN, and the Asian RegionGMS, ASEAN, and the Asian Region

    By Putu KamayanaBy Putu Kamayana

    Country DirectorCountry Director

    Cambodia Resident MissionCambodia Resident Mission

    Asian Development BankAsian Development Bank

    2011 Cambodia Outlook Conference2011 Cambodia Outlook ConferencePhnom Penh,Phnom Penh, 16 March 201116 March 2011

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    Rationale for Regional Cooperation and IntegrationRationale for Regional Cooperation and Integration

    ProPro--PoorPoorSustainableSustainableEconomicEconomicGrowthGrowth

    InclusiveInclusive

    SocialSocialDevelopmentDevelopment

    GoodGoodGovernanceGovernance

    POVERTY REDUCTIONPOVERTY REDUCTION

    FOUR PILLARS OFFOUR PILLARS OFREGIONALREGIONAL

    COOPERATION ANDCOOPERATION AND

    INTEGRATIONINTEGRATION

    Regional Cooperation andRegional Cooperation andIntegrationIntegration

    Individual Country ProgramsIndividual Country Programs

    OVERACHINGOVERACHING

    MISSION/MISSION/OBJECTIVEOBJECTIVE

    CORE AREASCORE AREAS

    OFOFINTERVENTIONINTERVENTION

    Trade and InvestmentTrade and Investment

    Cooperation andCooperation andIntegrationIntegration

    Monetary and FinancialMonetary and FinancialCooperationCooperation

    and Integrationand Integration

    Regional Public GoodsRegional Public Goods

    Regional and SubregionalRegional and SubregionalEconomic CooperationEconomic Cooperation

    The ADB RCI StrategyThe ADB RCI Strategy

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    RCI in AsiaRCI in Asia

    IMTIMT--GTGT

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    ASEAN Revitalization and the Role ofASEAN Revitalization and the Role of

    Subregional RCI InitiativesSubregional RCI Initiatives

    ASEANASEAN Increasing focus on economic integration:Increasing focus on economic integration:

    oo Establishment of AFTAEstablishment of AFTA

    oo FTAs with major economies in the regionFTAs with major economies in the regionooAdoption of a formal ASEAN charterAdoption of a formal ASEAN charter

    ooAcceleration of the ASEAN Economic Community to 2015Acceleration of the ASEAN Economic Community to 2015

    oo Preparation of the AEC BlueprintPreparation of the AEC Blueprint

    Increased connectivityIncreased connectivity a prerequisite for achievement ofa prerequisite for achievement ofAECAEC

    Adoption of a Master Plan for ASEAN ConnectivityAdoption of a Master Plan for ASEAN Connectivity

    Subregional cooperation programsSubregional cooperation programs serve as buildingserve as buildingblocks of ASEAN connectivity and integration (e.g., GMS,blocks of ASEAN connectivity and integration (e.g., GMS,IMTIMT--GT, BIMPGT, BIMP--EAGA).EAGA).

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    The GMS ProgramThe GMS Program ADB flagship RCI initiative sinceADB flagship RCI initiative since

    the early 1990sthe early 1990s

    Participating Countries:Participating Countries:Cambodia, PeopleCambodia, Peoples Republic of China,s Republic of China,

    Lao PDR, Myanmar, Thailand, and VietLao PDR, Myanmar, Thailand, and Viet

    NamNam

    Strategic Priorities:Strategic Priorities:oo VisionVision aa more integrated,more integrated,

    prosperous, and harmoniousprosperous, and harmonioussubregionsubregion

    oo 3 Cs3 CsConnectivity,Connectivity,Competitiveness, CommunityCompetitiveness, Community

    oo economic corridor approacheconomic corridor approach

    GMS projectsGMS projects totaled $13.8 billiontotaled $13.8 billionas of endas of end--201020105

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    CambodiaCambodia s Policy on RCIs Policy on RCI

    The Rectangular Strategy Phase II :The Rectangular Strategy Phase II :

    CambodiaCambodias integration into the region and thes integration into the region and theworldworld

    National Strategic Development Plan, UpdateNational Strategic Development Plan, Update

    20092009--2013 laid out priority policies for regional2013 laid out priority policies for regionalcooperation and integration through ASEAN,cooperation and integration through ASEAN,GMS, ACMECS, CLMV, and CLVGMS, ACMECS, CLMV, and CLV

    Backing ASEAN plusBacking ASEAN plus--plus initiativesplus initiatives Experienced and strong leadership fromExperienced and strong leadership fromSamdech PM Hun SenSamdech PM Hun Sen

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    Cambodia in ASEANCambodia in ASEAN

    Joined ASEAN on 30 April 1999Joined ASEAN on 30 April 1999

    To cope with globalization and regionalizationTo cope with globalization and regionalization

    Hosted 8Hosted 8ththASEAN Summit in Phnom PenhASEAN Summit in Phnom Penh

    Hosted 6Hosted 6thth

    CLV Summit, 5CLV Summit, 5thth

    CLMV Summit, 4CLMV Summit, 4thth

    ACMECS SummitACMECS Summit

    Supported and actively participated in ASEMSupported and actively participated in ASEM

    Participation in ASEANParticipation in ASEAN--US LeadersUS LeadersMeetingMeeting Ratifications of AFTA and other free tradeRatifications of AFTA and other free tradeagreementsagreements

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    Cambodia in the GMSCambodia in the GMS Participant in the GMS since itsParticipant in the GMS since itsinception in 1992inception in 1992

    Key sections of GMS SouthernKey sections of GMS Southern

    Economic Corridor (SEC)Economic Corridor (SEC) Major projects in infrastructureMajor projects in infrastructureconnectivityconnectivity

    oo TransportTransport e.g., PPe.g., PP--HCMC Highway, RailwayHCMC Highway, Railwayrehabilitation and restructuringrehabilitation and restructuring

    oo PowerPower e.g., power interconnection lines,e.g., power interconnection lines,regional power trade agreementregional power trade agreement

    oo TelecomsTelecoms e.g., GMS telecoms backbone,e.g., GMS telecoms backbone,Information Superhighway Network, policy reformInformation Superhighway Network, policy reform

    Actively involved inActively involved insoftwaresoftwareaspects of RCIaspects of RCI

    oo Transport and trade facilitation (TTF)Transport and trade facilitation (TTF)

    oo HRD, environment, agriculture, tourismHRD, environment, agriculture, tourism

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    Key Issues and Challenges in RCI

    Transforming connectivity or the transport corridors into genuineeconomic corridors: institutional/policy reform; private sector engagement

    Tapping into emerging opportunities in dynamic Asia, through thecorridors -- e.g. linking with PRC and India/South Asia

    Addressing global warming and climate change:low carbondevelopment path; mitigation and adaptation

    Addressing potential negative effects of increased connectivity:communicable disease control; human trafficking and transnational crime;flood and drought management; biodiversity protection

    Responding to changing demographics and increased urbanization:

    HRD, labor and migration; urban development

    Increased mobilization of private investments for regional projects,including innovative public-private partnership modalities

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    Opportunities

    Strong ownership of RCI by CambodiaStrong ownership of RCI by Cambodias leaderships leadership

    Pioneering projects in Cambodia that have a substantialPioneering projects in Cambodia that have a substantial

    RCI impactRCI impact e.g., rehabilitation and restructuring the Cambodiane.g., rehabilitation and restructuring the Cambodianrailwayrailway potential for developing Cambodia into a interpotential for developing Cambodia into a inter--modalmodal

    transport hubtransport hub

    Turning CambodiaTurning Cambodias rice into white gold through AFTAs rice into white gold through AFTAand other free trade agreementsand other free trade agreements

    Connecting the two major industrial manufacturing hubsConnecting the two major industrial manufacturing hubs

    of Bangkok and Ho Chi Minh Cityof Bangkok and Ho Chi Minh City

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    Key Policy DirectionsKey Policy Directions

    While infrastructure remains a priority, equal emphasis toWhile infrastructure remains a priority, equal emphasis to

    be given to softwarebe given to software

    Need for a holistic and multisectoral approachNeed for a holistic and multisectoral approach Strong ownership and political will; alignment ofStrong ownership and political will; alignment of

    subregional and national prioritiessubregional and national priorities

    Recognizing varying levels of development amongRecognizing varying levels of development amongcountriescountries

    Importance of strengthening institutionsImportance of strengthening institutions

    Need for closer linkages among variousNeed for closer linkages among variousregional/subregional initiativesregional/subregional initiatives

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    Thank YouThank You