PhnomPenhPost-Sept 12, 2022
Prime Minister Hun Sen on September 12 voiced support for the establishment of “green economic or investment zones” in ASEAN, a proposed new class of special eco-friendly business areas, to transform the bloc into an attractive and dynamic trade and investment hub run by cleaner and greener energy solutions. The premier made the remark while presiding over the opening ceremony of the second day of the 2022 ASEAN Leadership and Partnership Forum, held from September 11-12 under the theme “Partnership for Cohesive and Responsive ASEAN”. The event was co-organized by Malaysian think tank KSI Strategic Institute for Asia Pacific and the ASEAN Business Advisory Council – the bloc’s apex private sector body – as well as the local Asian Vision Institute (AVI) and Cambodia Chamber of Commerce. Hun Sen commented that he had proposed establishing the “ASEAN Green Deal” initiative at the recent 55th ASEAN Foreign Ministers’ Meeting, which he contended would allow the bloc to gradually transition into a sustainable and resilient community that effectively uses resources. He had suggested that the climate change mitigation-oriented deal cover a wide range of areas such as infrastructure, energy, manufacturing, consumption, agriculture, transport, environment and finance, with technology, innovation and circularity being the enabling factors. At the same event, Hun Sen also announced the launch of the ASEAN Economic Club, which he said would make ASEAN economic integration work more cohesive by improving monitoring, evaluation and advisory capacity regarding the RCEP, FTAs, regional agreements and other pertinent economic deals, while ensuring independence and professionalism. Read more at: https://www.phnompenhpost.com/business/pm-backs-green-economic-investment-zones-asean
