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Press Releases

  • March 27, 2025
    Mauritania Advances Energy Security with World Bank Support

    The World Bank approved the Mauritania Development of Energy Resources and Mineral Sector Support Project (DREAM Project) to advance the country's energy security. This initiative focuses on developing green hydrogen, expanding energy storage, and implementing key mining sector reforms. Ibou Diouf, World Bank Country Manager for Mauritania, emphasized that the project represents a transformative step toward resilient economic growth, job creation, and long-term energy stability.

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  • November 21, 2024
    Unlocking the full potential of transport corridors to enhance Cambodia’s regional connectivity

    A new World Bank report, Cambodia’s Regional Connectivity: Unlocking the Full Potential of Transport Corridors, identifies critical challenges in Cambodia’s transport sector and proposes targeted investments and policy measures to improve regional connectivity. It shows that Cambodia can play an important role in promoting regional trade and connectivity by enhancing its transport links with neighboring countries and embracing its vision of enhancing multimodal transport development

    “Regional connectivity and logistics development are Cambodia’s top priorities; strengthening our capacities will be key,” said H.E. Peng Ponea, the Minister of Public Works and Transport. “They can help position Cambodia as one of key players in regional connectivity and boosting trade along the global supply chains.”

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  • February 23, 2024
    World Bank and Japan Sign Administration Arrangement on RISE to Boost Investments in Supply Chains of Clean Energy

    World Bank Vice President for Infrastructure, Mr. Guangzhe Chen, and the Executive Director for Japan at the World Bank, Mr. Hideaki Imamura, today signed an administration arrangement outlining the terms and conditions to implement the Resilient and Inclusive Supply-chain Enhancement (RISE) Partnership, which was officially launched in October 2023.

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