Press release: Germany signs two cooperative financing agreements

On 28 November 2019, the Minister of Economy and Finance Aun Porn Moniroth and German ambassador to Cambodia Christian Berger signed on two cooperative financing agreements worth 67.1 million euros, equivalent to $74 million.

The German government will provide 30 million euros concessional loan and a grant of 2 million euros for financing energy efficiency projects for rural electricity supply, under the 2018 Cooperation Agreement. Additionally, the German government will provide another 30 million euros concessional loan for rural infrastructure development projects for Cambodia and 5.1 million euros for project financing certain, under the 2019 Cooperation Agreement.

Ministry of Economy and Finance

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