Aid and development

Bilateral development assistance

Japan to donate $30m to repair friendship bridge

The Japanese Friendship Bridge in Phnom Penh is set to receive a $29.4 million renovation courtesy of the Japanese government, the Ministry of Foreign Affairs announced on Wednesday. ...

Peter Ford
https://www.cambodiadaily.com/news/japan-to-donate-30m-to-repair-friendship-bridge-110012/

Japanese remains top development partner

Although loans to build infrastructure from the Japanese government may fall slightly this fiscal year, when grants and technical assistance are added to the total, overall assistance is likely to rise, Naoaki Kamoshida, a counsellor at the Japanese Embassy to Cambodia, said during a recent ...

Chea Vannak
http://www.khmertimeskh.com/news/22064/japanese-remains-top-development-partner/

EU funds increase by nearly 50 per cent

The European Union is increasing its development grants to Cambodia by almost 50 per cent in 2016 compared to the previous year, according to a Friday statement. ...

Igor Kossov
http://www.phnompenhpost.com/national/eu-funds-increase-nearly-50-cent

EU to provide 10 million euros for election reform, NEC still needs more

The European Union pledged €10 million in preparation of the upcoming 2017 and 2018 elections yesterday, which the National Election Committee (NEC) hopes to add to in a new budget they will be submitting to the government, according to NEC officials. ...

Chea Takihiro
http://www.khmertimeskh.com/news/21238/eu-to-provide-10-million-euros-for-election-reform--nec-still-needs-more/

Election-focused NGOs get big slice of EU grants

The European Union (EU) last week announced this year’s recipients of 8.2 million euros ($8.9 million) in grants to civil society, with much of the money going to nongovernmental groups whose stated goal is to make the country’s elections more open and inclusive.  ...

Maddy Crowell
http://www.khmertimeskh.com/news/20817/election-focused-ngos-get-big-slice-of-eu-grants/

Singapore works with Cambodia to hasten the process of getting patent grants

The Intellectual Property Office of Singapore (IPOS) has started work with Cambodia on patent applications, a move which will allow firms from both countries to hasten the process. ...

Rachael Boon
http://www.straitstimes.com/business/economy/singapore-works-with-cambodia-to-hasten-the-process-of-getting-patent-grants

EU pledges nearly $9M to eleven local NGOs

Six months after the European Parliament adopted a resolution calling on the Cambodian government to scrap a draft NGO law that came into effect in August, the E.U. announced on Monday that it had pledged 8.2 million euros (about $8.9 million) to local and international ...

George Wright
https://www.cambodiadaily.com/news/eu-pledges-nearly-9m-to-eleven-local-ngos-105849/

Cambodia PM stands by hydropower, dismisses critics as 'extremists'

Cambodia’s prime minister defended his government’s energy policy on Wednesday and hit back at environmentalists opposed to hydropower plants by suggesting their electricity be cut off and they should use resin torches instead. ...

Reuters News Staff
http://www.trust.org/item/20151223095104-8zknw

DPRK-invested museum opens in Cambodia's Siem Reap city

After five years of building, the 24-million-U.S.-dollar Angkor Panorama Museum, invested by the Democratic People’s Republic of Korea (DPRK), opened in northwest Cambodia’s Siem Reap city, a local English newspaper reported on Monday. ...

Xinhua News Staff
http://news.xinhuanet.com/english/2015-12/07/c_134892948.htm

Japan loans will finance Cambodia highway upgrade

Loans from Japan to Cambodia will help finance work on a key highway upgrade. The loan package totals US$150 million and will be used for the project to upgrade Cambodia’s National Road No 5. ...

World Highways News Staff
http://www.worldhighways.com/categories/auctions-equipment-supply-servicing-finance/news/japan-loans-will-finance-cambodia-highway-upgrade/

China to donate $3.5m for senate office space

The Chinese government has agreed to donate $3.5 million to build a ninth building inside the compound of the Senate on Norodom Boulevard, Senate Secretary-General Oum Sarith said on Tuesday following the signing ceremony in Phnom Penh. ...

Saing Soenthrith
https://www.cambodiadaily.com/news/china-to-donate-3-5m-for-senate-office-space-101718/

Museum funded by North Korea in Cambodia ready to open

A museum bankrolled by North Korea on Cambodia’s tourist trail in Siem Reap is ready to open, according to local media.The $10 million Grand Panorama Museum sits near Cambodia’s famous Angkor Wat temple complex and is scheduled to open on December 4. ...

Leo Byrne
http://www.nknews.org/2015/11/museum-funded-by-north-korea-in-cambodia-ready-to-open/

Aid threatened as EU calls for Rainsy’s return

The European Parliament on Thursday overwhelmingly approved a resolution calling on the Cambodian government to revoke the arrest warrant for opposition leader Sam Rainsy, with its parliamentarians suggesting some $435 million in aid be canceled if it is ignored. ...

Alex Willemyns
https://www.cambodiadaily.com/news/aid-threatened-as-eu-calls-for-rainsys-return-101357/

US slams gov’t over recent political turmoil

A U.S. State Department official told the country’s Senate on Thurs­day that recent political events in Cambodia, including the beatings of lawmakers outside the Nation­al Assembly and the removal of opposition officials from their seats and positions in parliament, were a cause for “grave concern.” ...

George Wright
https://www.cambodiadaily.com/news/us-slams-govt-over-recent-political-turmoil-101119/

Japanese aid building goodwill in Cambodia by addressing human resources development

For many Southeast Asian countries, Japanese developmental aid may be synonymous with building bridges, roads and public facilities. But besides its infrastructure-building capacity, Japan is also boosting one of the strategic tools of diplomacy at its disposal: human resource development. ...

May Masangkay
http://www.japantimes.co.jp/news/2015/11/17/national/japanese-aid-building-goodwill-in-cambodia-by-addressing-human-resources-development/#.VkwG0L_-SB0

Training program boosts electronics skills

A three-year vocational training project aimed at creating employment opportunities in the electronics industry while eliminating electronics waste, or e-waste, wrapped up yesterday, with its organisers calling for more funding in order to continue its training component. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/training-program-boosts-electronics-skills

Experts call for more sustainable development

As Cambodia has the highest rate of deforestation among developing countries. Experts say that the country needs a more sustainable development plan to protect its ecosystem. ...

Chea Vannak
http://www.khmertimeskh.com/news/17735/experts-call-for-more-sustainable-development/

PM pitches ASEAN access to French investors

Prime Minister Hun Sen on Monday called for more investment from France, telling business leaders in Paris that they could access the entire region when the ASEAN Economic Community (AEC) kicks off at the end of the year. ...

May Kunmakara
http://www.khmertimeskh.com/news/17217/pm-pitches-asean-access-to-french-investors/

France signs off on $115m in loans and extradition treaty

About $115 million worth of concessional loans to Cambodia and a mutual extradition treaty were approved during a meeting between Prime Minister Hun Sen and French President Francois Hollande in Paris on Monday, according to Mr. Hun Sen’s Facebook page. ...

Kuch Naren
https://www.cambodiadaily.com/news/france-signs-off-on-115m-in-loans-and-extradition-treaty-98523/

PM meets china’s Xi, receives $150m grant

Prime Minister Hun Sen met with Chinese President Xi Jinping in Beijing on Thursday to receive a grant worth more than $150 million, the majority of which will go toward the construction of a massive sports and entertainment complex in Phnom Penh, a sen­ior official ...

Kuch Naren and Khy Sovuthy
https://www.cambodiadaily.com/news/pm-meets-chinas-xi-receives-150m-grant-97440/

PM urges greater economic integration with China

Prime Minister Hun Sen yesterday called for more collaboration and integration of financial markets at the regional level, especially with China – the world’s second-largest economy – to offset the effects of a slowing global economy. ...

May Kunmakara
http://www.khmertimeskh.com/news/16773/pm-urges-greater-economic-integration-with-china/

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