Multilateral development assistance

Asian Development Bank (ADB)

$50M ADB support for Kingdom’s energy transition plan

Extending valuable support to the Cambodian government’s energy transition plan to enhance renewable energy output and raise energy efficiency while shifting away from fossil fuels, the Asian Development Bank (ADB) on Thursday announced a $50 million policy-based loan package with $23 million in project investments ...

Prakash Jha
https://www.khmertimeskh.com/501203524/50m-adb-support-for-kingdoms-energy-transition-plan/

ADB okays $73M financing package for marine fisheries

The Asian Development Bank (ADB) has announced that it greenlit a $73 million financing package on December 7 to improve the sustainability and climate resilience of the Kingdom’s marine fisheries subsector. ...

May Kunmakara
https://www.phnompenhpost.com/business/adb-okays-73m-financing-package-marine-fisheries

ADB approves $50m loan for Cambodia to boost competitiveness

The Asian Development Bank (ADB) has approved a $50m policy-based loan aimed at supporting the government of Cambodia to diversify the country’s economy and boost its global competitiveness. ...

Khmer Times Staff
https://www.khmertimeskh.com/501198804/adb-approves-50m-loan-for-cambodia-to-boost-competitiveness/

$50M ADB loan aims to boost economic diversity

The Asian Development Bank (ADB) on December 6 announced that it has greenlit a $50 million policy-based loan under Subprogram 1 of its Trade and Competitiveness Program to support government efforts to diversify the economy, better enable local businesses to compete globally, and boost Covid-19 ...

May Kunmakara
https://www.phnompenhpost.com/business/50m-adb-loan-aims-boost-economic-diversity

$70million will be spend on STEM education nationwide

A $70 million loan from the Asian Development Bank (ADB) will be utilised to aid the STEM (Science, technology, engineering, and mathematics) education nationwide in the upper secondary level. ...

Yim Sreylin
https://www.khmertimeskh.com/501180995/70million-will-be-spend-on-stem-education-nationwide/

ADB mandate inked for 2GW of solar

The state-owned power utility is set to undertake a nationwide study on ways to harness an additional 2GW capacity of solar energy proposed by a regional lender, in a pilot project expected to spur up to $100 million in investments that aims to illustrate how ...

May Kunmakara
https://www.phnompenhpost.com/business/adb-mandate-inked-2gw-solar

ADB, EDC sign mandate for two GW solar and battery storage power programme in Cambodia

The Asian Development Bank (ADB) signed a transaction advisory services mandate with Cambodia’s national utility company Électricité du Cambodge (EDC) to support the development of two gigawatts (GW) of solar power in Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501179163/adb-edc-sign-mandate-for-two-gw-solar-and-battery-storage-power-programme-in-cambodia/

ADB approves $32.5 mln to Cambodia for improving health services for migrants

The Asian Development Bank (ADB) has approved $32.5 million in financing to Cambodia for improving access to quality health services in northwest Banteay Meanchey province, the Manila-based lender said in a statement on Thursday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501172365/adb-approves-32-5-mln-to-cambodia-for-improving-health-services-for-migrants/

IMF, ADB peg 2022 GDP growth at 5%

Two major multilateral lenders have forecast Cambodia’s economic growth for 2022 at around five per cent, buoyed by bumper export performance earlier in the year, coupled with ongoing policy support and continued tourism recovery, but held back by external pressures associated with Covid-19 and the ...

May Kunmakara
https://www.phnompenhpost.com/business/imf-adb-peg-2022-gdp-growth-5

Sokhonn, ADB meet to discuss inclusive, ‘sustainable’ growth

Minister of Foreign Affairs and International Cooperation Prak Sokhonn on September 13 met with newly appointed Asian Development Bank (ADB) representative to Cambodia Jyotsana Varma for discussions.​​ ...

Samban Chandara
https://www.phnompenhpost.com/national/sokhonn-adb-meet-discuss-inclusive-sustainable-growth

Cambodia received $18.4M from ADB trust funds in 2021

Cambodia received a total of $18.4 million for 23 projects as part of the Asian Development Bank’s trust fund, global fund, and special fund financing for projects and technical assistance, according to an ADB report. ...

Adur Pradeep
https://www.khmertimeskh.com/501145513/cambodia-received-18-4m-from-adb-trust-funds-in-2021/

Kingdom set to receive $965M in ADB financing

Cambodia is set to receive $965 million in financing from the Asian Development Bank (ADB) to promote development in priority areas and create programs that seek to rehabilitate and spur economic growth. ...

Hom Phanet
https://www.phnompenhpost.com/business/kingdom-set-receive-965m-adb-financing

ADB approves 95 million loan to Cambodia for COVID-19 vaccine purchase

The Asian Development Bank (ADB) has approved $95 million in loan for the Cambodian government to purchase COVID-19 vaccines from 2022 to 2023, it said in a press statement on Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501025671/adb-approves-95-million-loan-to-cambodia-for-covid-19-vaccine-purchase/

ADB provides $6.8 million to boost tourism sector and rice production in Cambodia

The Asian Development Bank (ADB) approved tow grants worth $6.8 million to assist in the recovery of Cambodia and strengthen the rice supply chain in the country which, like other sectors, was also affected by the Covid-19. ...

Khmer Times Staff
https://www.khmertimeskh.com/501016405/adb-provides-6-8-million-to-boost-tourism-sector-and-rice-production-in-cambodia/

Minister: Half of villages lack clean water access

About 50 per cent of villages across Cambodia still lack access to clean water due to factors like climate change, population growth and urban development, which have led to a steady increase in water demands, according to Minister of Industry, Science, Technology and Innovation Cham ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/minister-half-villages-lack-clean-water-access

ADB, UNIDO to hold Virtual Discussion on Boosting Cambodia’s 4IR Transformation

The Asian Development Bank (ADB) and the United Nations Industrial Development Organisation (UNIDO) will organise a virtual discussion on the status of Cambodia’s fourth industrial revolution (4IR) and pathways for the country’s transformation to this new industrial model by 2030. ...

Khmer Times Staff
https://www.khmertimeskh.com/50983915/adb-unido-to-hold-virtual-discussion-on-boosting-cambodias-4ir-transformation/

Six landfills set to open in 2022

The government is collaborating with the Asian Development Bank (ADB) and World Bank as well as other development partners to create standardised landfills in some provinces in 2022, with the first being Preah Sihanouk province’s landfill which was opened in November. ...

Voun Dara
https://www.phnompenhpost.com/national/six-landfills-set-open-2022

ADB provides $180 million in loan for urban services in Cambodia

The Asian Development Bank (ADB) has approved a $180 million loan to help three cities in Cambodia improve urban infrastructure and boost economic competitiveness. ...

Khmer Times Staff
https://www.khmertimeskh.com/50973878/adb-provides-180-million-in-loan-for-urban-services-in-cambodia/

Ministry trains 700 educators weekly to boost online learning

Since the end of September, the Ministry of Education, Youth and Sport has trained 3,292 teachers from secondary resource schools and network schools on how to manage distance learning to run online classes in a high-quality and efficient manner. ...

Post Staff
https://www.phnompenhpost.com/national/ministry-trains-700-educators-weekly-boost-online-learning

ADB okays $40M loan for finance

The Asian Development Bank (ADB), in an effort to support the government, has approved a $40 million policy-based loan to expand access to credit among micro-, small-, and medium-sized enterprises (MSME) and implement reforms to boost financial stability and upgrade financial sector infrastructure amid the ...

May Kunmakara
https://www.phnompenhpost.com/business/adb-okays-40m-loan-finance

ADB approves $40 million to help small companies get loans

The Asian Development Bank (ADB) has approved a $40 million loan to help Cambodia’s micro, small, and medium-sized enterprises (MSMEs) get easier access to credit. The money will also support government efforts to bring in reforms to boost financial stability and upgrade the financial sector ...

Michael Firn
https://www.khmertimeskh.com/50954353/adb-approves-40-million-to-help-small-companies-get-loans/

Cambodia Asks ADB to Continue Supporting TVET

Cambodia has asked the Asian Development Bank (ADB) to continue its support to further boost the country’s Technical and Vocational Education and Training (TVET). ...

Khmer Times Staff
https://www.khmertimeskh.com/50952914/cambodia-asks-adb-to-continue-supporting-tvet/

$30 million ADB financing to support Cambodia’s COVID-19 response

The Asian Development Bank (ADB) has approved $30 million in financing to help strengthen Cambodia’s health system amid a surge in new infections and sustained community transmission of the coronavirus disease (COVID-19), said ADB in a press release. ...

Khmer Times Staff
https://www.khmertimeskh.com/50948240/30-million-adb-financing-to-support-cambodias-covid-19-response/

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