A Change of Guard

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Tuesday 30 June 2009

Cambodia's oil wealth must benefit community: senior economist

ABC Radio Australia

One of the Cambodian government's most senior economists has warned the country must turn its emerging oil and gas wealth into community benefits - or risk social uprising.

Companies such as Chevron and BHP Biliton are exploring in Cambodia, and oil alone is estimated to be worth billions of dollars once drilling begins. But critics have warned that Cambodia may succumb to the so-called "oil curse' - where poor countries misuse the sudden wealth from the resources.

Dr Hang Chuon Naron, is the Vice Chairman of the Supreme National Economic Council of Cambodia AND Secretary General at the Ministry of Economy and Finance.

Presenter: Liam Cochrane
Speakers: Dr Hang Chuon Naron, Vice Chairman of the Supreme National Economic Council of Cambodia AND Secretary General at the Ministry of Economy and Finance.

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