Shanghai Stock Exchange offers to help Cambodia build stock exchange

Funder	Shanghai Stock Exchange
Recipient Organization	Government of Cambodia
Country	Cambodia
Start Date	Sep 01, 2007
End Date	Jan 19, 2030
Duration	8,176 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`32151`

Grant Description

In September 2007, Liu Xiaodong, vice general manager of the Shanghai Stock Exchange, announced that it will help the Cambodian government set up a stock exchange if the Chinese Government permits.

The Chinese bourse will assist the foreign country in many aspects, such as training talents and providing technology and equipment.

The launching ceremony for the Cambodia Securities Exchange (CSX) was held at Canadia Tower on July 11, 2011; however, based on the CSX documented history found in the 'CSX Profile' section of the CSX official website, no agreement was made between Shanghai Stock Exchange and Cambodia in setting up the stock exchange.

Instead, the training of human resources for the market worth $1.8 million USD was provided by the Korean government and and the Korea Exchange (KRX), in context of the MOU signed between the Cambodian and South Korean government in 2006.

📚 Sources & References

China to Help Cambodia Build Stock Exchange
Cambodia inaugurates stock market
CSX Profile
Analysis: Chinese investment galvanizes Cambodia's fiery premier
Information Bulletin Vol. 21 Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.