In its annual “Asian Development Outlook,” the bank said it expects to see a drop in the rate from about 7.2 percent last year to 7 percent this year.
Ahead of this week’s meeting of the Mekong River Commission, 39 international environmental groups called on the government to halt construction on the Xayaburi dam before February 2015.
Cambodia's Floating Villages Face Uncertain Future
Petroleum diesel is widely used in Cambodia, particularly in heavy trucks and vans, but also in many older cars.
Environmental groups worry that the Don Sahong dam could devastate fisheries that provide a major source of food for Cambodians living along the Mekong and Tonle Sap rivers.
The forest of Preah Rorka sits at the confluence of three districts, covering 90,000 hectares, and tribes in the area rely on the forest for their livelihoods.
Lao officials say they are conducting the project transparently and with the proper safeguards.
World Wide Fund for Nature calls proposed Don Sahong dam a 'recipe for disaster'.
Representatives of 17 different groups say the Hoang Anh Gia Lai company, which received funding from the bank’s International Finance Corporation, devastated forest lands affecting up to 2,000 families.
Seventeen different groups joined in the complaint, claiming the Hoang Anh Gia Lai rubber company had destroyed forestry lands affecting as many as 2,000 families.
Public service announcement discourages purchase of tiger bone paste, used to treat joint problems and believed to improve sexual performance.
The proposed dam project is planned for later this year, despite challenges from environmentalists and Cambodian and Vietnamese governments.