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PIP No:
463
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1. PROJECT NAME:
Cambodia Conference and Exhibition Center
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ឈ្មោះគម្រោងៈ
មជ្ឈមណ្ឌលសន្និសីទនិងពិព័រណ៍កម្ពុជា
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| 2. PROJECT DATES: |
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PROJECT START :
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ESTIMATED COMPLETION :
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4. RESPONSIBLE MINISTRY:
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RESPONSIBLE UNIT:
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អង្គភាពទទួលខុសត្រូវ:
អគ្គនាយកដ្ឋានជំរុញពាណិជ្ជកម្ម
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5. PROJECT STATUS
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DETAILED PROJECT INFORMATION
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6. TYPE OF PROJECT:
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7. SOURCE OF PROJECT FUNDING:
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| 8. THE POLICY AREA OF THE PENTAGON STRATEGY PHASE I THAT THIS PROJECT FALLS UNDER: |
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| 9. THE CONTRIBUTION OF THE PROJECT TO ACHIEVE THE ABOVE POLICY: |
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Cambodia will be responsible for organizing the Cambodia Exhibition and Convention Center in line with its economic development. Projects with a strong commitment to industrialization, export preparation that the export preparation industry will be the driving force for economic growth. To achieve this goal, the Cambodia Trade Fair Center will play an important role in promoting the export of Cambodian products. |
| 10. Support to Cambodia Industrial Development Policy |
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Does this Project support to the implementation of the Cambodia Industrial Development Policy?
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11. SECTOR:
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| 12. PROJECT LOCATION: (Describe the location of the project and its components.) |
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| 13. PROJECT OBJECTIVE: (Describe the major purpose of the project.) |
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Establish the Cambodia Exhibition and Convention Center to enhance and promote Cambodian products for use in the domestic and international markets. |
| 14. PROJECT DESCRIPTION: (Provide a description of the project and all its components.) |
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➤ Execution:
-Establish a working group chaired by the Ministry of Commerce and involved the Ministry of Economy and Finance, the Ministry of Land Management, Urban Planning and Construction, the Ministry of Agriculture, Forestry and Fisheries and other relevant ministries.
-Study and consult on the possibility of establishing a center, locating and construction plan
-Study, understand and gain experience from the establishment of center management in some model countries as needed.
-Prepare project and action plan with development partners
-Implement construction projects and action plans
-Regularly inspect and monitor all stages of the construction process
-Assess the completion of construction
-Select a development partner or partner company with the Ministry to manage
➤The Cambodia Exhibition and Convention Center, with the estimated total area of five (5) hectares (50,000 square meters), shall be composed of the following facilities and equipment. The total investment cost is estimated at USD 188,687,500
-Estimated Land Cost: USD 48,500,000
-Estimated Construction of Center Main Building: USD 86,250,000
- Estimated Equipment: USD 14,375,000
-Estimated Feasibility Study: USD 4,082,500
-Estimated Consultant/Design: USD 3,220,000
-Operational Expenditure: USD 28,810,000
-Estimated Contingencies (10%): USD 3,450,000
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| 15. PROJECT JUSTIFICATION: (Give reasons why this particular project is considered worthwhile.) |
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Cambodia is a member of ASEAN, the World Trade Organization and has integrated itself into the ASEAN Free Trade Area (AFTA), where Cambodia will face international competition in the AFTA export market. And Cambodia will need more efficient export promotion materials. In this situation, almost all ASEAN countries have this type of trade promotion material. Which means that Cambodia will lag behind other ASEAN countries without this center. If the center works well as a pillar for trade and investment. The Center will expand the promotion of Cambodian products as well as replace imports with Cambodian products. That will achieve the economic development of Cambodia. |
| 16. BENEFITS (Who will benefit, directly and indirectly, from the project?) |
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Local private companies ready for export as well as local importers. An estimated 4,000 potential private companies, about 50 companies, will use the center's facilities. In addition, private companies preparing for export and trading companies in Phnom Penh, local producers will benefit from the center. |
| 17. FEASIBILITY STUDY |
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Is a "Feasibility Study " for the Project requied?
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If YES, has it been carried out?
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| 18. SOCIAL & ENVIRONMENTAL IMPACT: (Briefly describe the effects of the project, if any, on the people and the surrounding environment. Will the project assist in alleviating poverty?) |
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The project will not affect the environment and the people, but will contribute to the development of skills and improve the living standards of the people, which will contribute to poverty reduction. |
| 19. CLIMATE CHANGE |
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a. Is any activity or output of the project related to Climate Change?
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b. How is the project relevant to Climate Change?
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Please select a Climate Change related sector of the project and fill up the contribution of the climate change related expenditure compared to the total project cost.
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Climate Change-Related Sector
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Percentage
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Climate Change Relevance
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| 20. DISASTER RISK REDUCTION |
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Is any activity or output of the project related to Disaster Risk Reduction?
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| 21. GENDER ANALYSIS: (How does the project affect the roles of the men and women in the project area? Will women be actively involved in the implementation of the project?) |
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This project will help promote gender equality and entrepreneurship in business sector. |
| 22. CAPACITY TO IMPLEMENT: (Does the Ministry have the skills and experience required to implement the project?) |
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The Ministry has sufficient skills and experience to implement the project, but also needs the cooperation of national and international experts to complement the technical work.
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| 23. STATUS OF PROJECT IMPLEMENTATION: (Provide a brief update on the progress of the project to date. Discuss any major problems causing delays in project implementation.) |
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Not fully implemented yet due to insufficient resources to implement the project. |
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24. PROJECT PRIORITY
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(Please indicates the priority ranking of the project decided by the ministry/agency.)
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4
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| 25. DONOR INVOLVEMENT: (Provide any information on current or potential donor involvement in the project.) |
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Development partners with expertise related to trade promotion or willing to contribute to the promotion of local products and business development in Cambodia. |
| 26. REFERENCE: (Please upload the project documents, MOU, or agreements with funding agencies including MEF.) |
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Part B: Project Costs and Funding Sources
( In US$’000 )
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