Perfect
Nations
Start a Conversation
Start a Conversation View Cart

National Blueprint · One of 195

Cambodia

A nation of 17.8 million on the Mekong, where the World Bank approved $150 million for the Asian Highway 21 corridor in April 2026 and only one child in ten could read a simple text by the end of primary school in 2019.

Perfect Nations values what Cambodia owns and raises capital against it, through innovative financing for development (FfD) and super intelligence (SI).

Cambodia at a glance

  • 17.8mPeopleWorld Bank
  • Furthest from reach · Education90%of children in Cambodia cannot read a simple text by the end of primary school, on 2019 dataWorld Bank, 2019
  • 5Instruments and investments on recordCapital already committed
Work with usRead the Letter to Cambodia

What we do for Cambodia

Assets. Capital. Solutions.

Perfect Nations is a new-age sovereign advisory firm, and its clients are nations.

  1. 01AssetsThe cupFive sovereign assets, valued, from The Clean Grid to The People.
  2. 02CapitalThe laurels5 instruments and investments on record, every one sourced.
  3. 03SolutionsThe seven starsSeven basic standards of living, star by star. Education is furthest from reach today.

The whole logo: a Perfect Nation, where every citizen has all seven basic standards of living, led by good governance.

01Assets · The cup · Sovereign Assets

Five assets no balance sheet counts.

Each is owned today, earns today, and can carry Cambodia toward seven basic standards of living for every citizen.

  • 56.4%Of electricity from renewable sources, 2021

    The Clean Grid

    More than half the power from water and sun, on the Mekong’s flow.

  • 37.6%Of the land under forest, 2024

    The Forest

    Standing forest that stores carbon and water, and can earn as it stands.

  • 34.9%Of the land in agriculture, 2023

    The Farmland

    Rice paddies and the Tonlé Sap’s floodplain: a harvest that feeds the region.

  • 7,011 m³Renewable fresh water a person, 2022

    The Fresh Water

    Rain and rivers renewed every year: power, irrigation and drinking water.

  • 17.8mCitizens, 2025

    The People

    29.5% are under fifteen: a young workforce for factories, farms and the digital economy.

Every figure, with its sourceThe Sovereign Assets ledger

02Capital · The laurels · Capital Architecture

Roads, water and schools on the Mekong.

Bonds, guarantees, swaps and loans that raise capital against what Cambodia owns, every line sourced.

Capital Architecture

The record in figures

  • $150MIDA financing for the Asian Highway 21 corridor and national logistics, first phase of a $300 million programme, April 2026World Bank, 2026
  • $275MSecond Growth and Resilience Development Policy Financing, June 2024World Bank, 2024
  • $163MWater Supply and Sanitation Acceleration Project, November 2023World Bank, 2023
  • 25.5%General government gross debt, share of GDP, 2025IMF, WEO Oct 2026

Capital already committed

  • MultilateralApprovedTransport transformation: Asian Highway 21$150M

    IDA · Approved 27 April 2026 · Phase one of $300 million

    Programme $300 million

    Road upgrades along the Asian Highway 21 corridor and national logistics capacity.

    World Bank

    Source
  • MultilateralApprovedSecond Growth and Resilience DPF$275M

    World Bank · Approved 20 June 2024

    Budget support for growth and resilience.

    World Bank

    Source
  • MultilateralApprovedWater Supply and Sanitation Acceleration Project$163M

    World Bank · Approved 21 November 2023

    Piped water and sanitation for towns and cities.

    World Bank

    Source
  • MultilateralApprovedWater Security Improvement Project$145M

    World Bank · Approved 21 June 2024

    Irrigation and water security for farmers.

    World Bank

    Source
  • MultilateralApprovedSecond Higher Education Improvement Project$80M

    World Bank · Approved 23 September 2024

    Universities and skills for the next economy.

    World Bank

    Source

Already working in Cambodia.

Independent firms and social enterprises already at work in Cambodia, highlighted by Perfect Nations. None is a partner of Perfect Nations.

Suggest an enterprise

  • The first firms and social enterprises at work in Cambodia are being gathered.

    Name one already at work there: it may be highlighted here, with its source.

03Solutions · The seven stars · Perfect Capita

Perfect Cambodia, star by star.

Perfect Capita is the yearly cost, per person, of lifting everyone above the Living Line in all seven basic living standards, set with Cambodia in its own prices.

How Perfect Capita works
Cambodia: the seven stars of the logo, one for each basic standard of living, rising from the cup; Food is the larger centre star. Each star carries the figure for Cambodia.WATER30%SHELTER51.6%ENERGY57%FOOD60%EDUCATION10HEALTH62LIVELIHOOD82.3%
10
Education · furthest from reach10% of children read a simple text by the end of primary school; 2019, datedWorld Bank, 2019

Tap a star for its figure and source.

The price of Perfect Cambodia

To be set with Cambodia, from its own figures and in its own prices: Perfect Capita times the people of Cambodia, each year.

Read more
  • Food60%Not food insecure; 40% are moderately or severely food insecureFAO, 2023
  • Water30%Safely managed drinking waterWHO/UNICEF, 2024
  • Shelter51.6%Safely managed sanitation; 42.3% of city dwellers live in slumsWHO/UNICEF, 2024
  • Energy57%57% cook with clean fuels and technology; 99.2% have electricityWorld Bank, 2024
  • Education1010% of children read a simple text by the end of primary school; 2019, datedWorld Bank, 2019
  • Health62WHO service coverage indexWHO, 2023
  • Livelihood82.3%Above the national poverty line; 17.7% live below it, datedWorld Bank, 2012

Perfect Nations estimate, to be confirmed with Cambodia. Figures marked dated rest on surveys more than five years old; lenient measures are marked as such. The strict measures

Strict measures. Food: share not moderately or severely food insecure (FAO). Water: safely managed drinking water where measured; where it is not, basic water, marked as such. Shelter: the lower of safely managed sanitation and the share outside urban slums. Energy: the lower of electricity per person against 1,000 kWh and clean cooking; where electricity per person is not published, clean cooking. Education: the lower of children reading by the end of primary school and lower-secondary completion. Health: WHO service coverage index. Livelihood: share above the stricter of the national poverty line and the World Bank line for the nation’s income group (US$8.30 a day for high-income nations). Each figure links to its source.

Solutions for Perfect Cambodia

All Solutions

  • The Solution for CambodiaEducation

    Finance learning, not only classrooms.

    • 01The challenge90% Of children in Cambodia cannot read a simple text by the end of primary school, on 2019 data. World Bank, 2019
    • 02The dealAt work in Cambodia: Second Higher Education Improvement Project, $80M. Source
    • 03What Perfect Nations advisesNations where education is furthest from reach should borrow on a Program-for-Results basis, releasing each tranche only when pupils reach an agreed learning level, verified independently. With super intelligence, reading levels can be tracked school by school, so that every child who falls behind is reached in time.
    Co-design it inThe ReDesign StudioThe three mandates
Perfect Nations® · Letters to the NationsCambodia

Dear Cambodia,

Your rivers power half your grid and your rice feeds the region; your partners are building your roads and your water systems.

Read more

On the 2019 data, only one child in ten could read a simple text by the end of primary school. Of all the investments on this page, the reading teacher will repay the most.

“Roads carry the harvest. Teachers carry the nation.”

Yours in design,Preeti SinhaPresident and CEO, Perfect Nations

Work with us · The ReDesign Studio

The Perfect Cambodia ReDesign Studio

One mission, three depths: the same four moves for Cambodia, taken as far toward market as you choose.

Read more

For the Government of Cambodia, its development partners and investors. Scope and fees are agreed in writing before any work begins.

  1. 01Identify the assets
  2. 02Estimate Perfect Capita
  3. 03Co-design the capital architecture
  4. 04Launch the instruments

  1. Mandate 013 hours

    The Nation Briefing

    A private session for the people who decide.

    You leave withThe gap, named and sized

    Read more
    1. 01The five sovereign assets on this page, walked through.
    2. 02Education, the standard furthest from reach, and the Gap, explained.
    3. 03The instruments that could close the Gap, shortlisted.
    4. 04The path to market, outlined.
    Request a Nation Briefing

  2. Mandate 023 days

    The Blueprint Lab

    Your team and ours, working the blueprint together.

    You leave withThe structure, drawn

    Read more
    1. 01The ledger tested against your ministries’ own data.
    2. 02Each of the seven standards costed in local prices.
    3. 03One financing structure, drawn with your team.
    4. 04A term sheet and the partners to approach.
    Plan a Blueprint Lab

  3. Mandate 03End to end

    The Sovereign Mandate

    Led personally by the President and CEO.

    You leave withA structure ready for market

    Read more
    1. 01A full sovereign asset ledger, valued and verified.
    2. 02Perfect Capita set and agreed with government, with a monitoring plan.
    3. 03The full structure: legal form, credit enhancement, guarantees and pricing.
    4. 04Taken to investors and development partners, through to close.
    Discuss a Sovereign Mandate

Co-design it with us

Where Cambodians and Co-designers design the nation they want to live in.

  • Writings

    Write Perfect Cambodia into being.

    Up to 1,500 words on your vision of Perfect Cambodia, published with your name.

    Submit your writing

  • Voices of Perfect Nations Launching soon

    The local leaders already building Perfect Cambodia.

    Great local leaders: honest, dedicated and committed to basic standards of living for all. Every guest answers one question: “What does Cambodia already own, and how could it pay for a decent life for every citizen?”

    Nominate yourselfSuggest a guest

  • Co-designers

    Join the community.

    Everyone who shares a vision, a voice or an enterprise here becomes a Co-designer of Perfect Cambodia.

    Become a Co-designer

The Cambodia ReDesign Studio is open

Design Perfect Cambodia with us.

Share your vision, suggest a guest, or write to us: every message receives a personal reply.

Enter the ReDesign StudioWrite to usAll 195 nations
Sources
  1. World Bank, World Development Indicators (API), accessed 10 November 2026: population and ages 0 to 14, 2025; land area and agricultural and forest land; renewable fresh water per person, 2022; natural resource, oil, gas and mineral rents, 2021; renewable electricity output, 2021; tourism receipts; personal remittances; electricity access and clean cooking.
  2. The seven standards: FAO food insecurity, WHO/UNICEF JMP water and sanitation, UN-Habitat urban slums, World Bank clean cooking, learning poverty and lower-secondary completion, and poverty headcounts (all via the World Bank); WHO UHC service coverage index, 2023.
  3. IMF, World Economic Outlook, October 2026 (DataMapper, accessed 10 November 2026): general government gross debt, 2025, and real GDP growth projected for 2026.
  4. World Bank press releases of 11 December 2025, 27 April and 9 June 2026; World Bank projects P180749, P178417, P176615 and P180664.
Scroll to Top