Aid and development

Cambodia has significantly benefited from its Association of Southeast Asian Nations (Asean) membership, Royal Academy of Cambodia (RAC) secretary-general Yang Peou said on Thursday during a conference to mark the 52nd anniversary of Asean’s establishment and the 20th anniversary of the Kingdom’s membership in the ...

German international development organisation Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ) will provide $4.5 million in aid to promote a small- and medium-sized enterprise (SME) development project in four Asean countries, including Cambodia. In Cambodia, Ministry of Industry and Handicrafts undersecretary of state Son Seng Huot ...

The Asian Development Bank (ADB) has announced that it will provide $1.45 billion to support a new five-year country partnership strategy (CPS) and help the Kingdom achieve its goal of becoming an upper-middle-income country by 2030, it said on Friday. ...

The latest release of the World Bank’s ease of doing business index puts Cambodia in the 144th spot out of 190 countries, a drop of six places from a year ago. The 2019 ease of doing business index ranked the Kingdom 138th out of 190 ...

China will grant the Kingdom 600 million yuan ($84 million) as it continues to support the strengthening of the Cambodian military, Minister of National Defence Tea Banh said on Wednesday. The aid is to upgrade equipment and improve training, in what was described as comprehensive ...

Cambodia’s economic growth is projected to be highest in the Asean region despite facing several challenges, the International Monetary Fund (IMF) said. In its latest Regional Economy Outlook published on Tuesday, the IMF predicts that the Kingdom’s economic growth will remain strong at seven per ...

An International Monetary Fund (IMF) team led by Jarkko Turunen, deputy division chief of the Asia Pacific Department (APD) visited Phnom Penh to conduct discussions under what is known as the Article IV consultation.​ Under the Article IV consultation, IMF staff undertakes annual surveillance and analysis ...

Cambodia’s construction sector continues to grow given the gradual increase of investments in the sector and large imports of construction materials into the country, according to the latest report released on Thursday by the World Bank. The World Bank’s East Asia and Pacific Economic Update predicted ...

Prime Minister Hun Sen said on Thursday that under his leadership Cambodia had never fallen after countries withdrew aid, and that the Kingdom would continue to remain strong. Hun Sen was presiding over a ceremony at the Chaktomuk Theatre Hall in Phnom Penh to commemorate ...

The Japan Mine Action Service (JMAS) is to provide the Cambodian Mine Action Centre (CMAC) with $401,650 in untied aid following the signing of an agreement on Monday. JMAS representative Noriyoshi Suenaga and CMAC director-general Heng Ratana signed off on the agreement. ...

Due to the rapid growth of the Kingdom’s coastal city of Sihanoukville, the amount of rubbish being produced daily has skyrocketed from just 100 to 200 tonnes per day in 2015 to a staggering 1,000 tonnes today, prompting Preah Sihanouk’s governor to request World Bank ...

The Asian Development Bank (ADB) has approved a $40 million policy-based loan to support poor and rural households and improve their financial access, it said. ...

Japan today will provide more than $1 million in grant aid to two NGO’s for demining work, community healthcare projects and children support networks. The signing ceremony for the grant assistance totalling $1,052,298 will be held in the Japanese Embassy in Phnom Penh. An embassy statement ...

Japan has awarded Cambodia a three billion yen ($27.9 million) grant for a sewer development project in Phnom Penh to help ease flooding in parts of the capital, the Ministry of Foreign Affairs and International Cooperation said on Wednesday. Its minister who is also Deputy ...

Prime Minister Hun Sen yesterday received assurance that South Korea will continue to assist the Kingdom with the development of its healthcare sector, including training doctors.​ ...

The World Bank has officially approved the disbursement of $1 billion to develop priority sectors in Cambodia, the Ministry of Economy and Finance announced Monday. ...

The Ministry of Agriculture, Forestry and Fisheries has provided 50 communities in Kratie and Stung Treng provinces with 100 motorboats from the World Bank to strengthen preservation and combat fisheries crimes. ...

Prime Road Alternative Company Limited won construction rights to a 60MW solar farm project at an auction, according to the Asian Development Bank (ADB). An ADB press release released last week shows that the auction, which was conducted by Electricite du Cambodge (EdC), ended with ...

The government will spend some $4 million on the Land Allocation for Social and Economic Development Project Phase II (Lased II) to benefit almost 600 families in Prasat Balang district’s Doung commune in Kampong Thom province. The land allocation is aimed at alleviating poverty in ...

The US government will provide an extra $425,000 to the Cambodian Mine Action Centre (CMAC) for it to clear the remnants of cluster bombs dropped on eastern Cambodia 40 years ago and carry out research. ...

The Ministry of Public Works and Transport yesterday announced that the renovation of National Road 4, which connects the capital with Sihanoukville in the south, will begin early next year. The ministry said bidding for the project will start in September. National Road 4 is one ...

Cambodia on Tuesday requested the Asian Development Bank (ADB) to consider providing aid – especially to the elderly, people with disabilities and orphaned children. In the meantime, the bank is studying the country’s social welfare system before announcing a raft of technical assistance as part ...

The Japanese government has provided more than $52 million in grants for Cambodia’s socio-economic development projects so far this year, the Ministry of Foreign Affairs and International Cooperation said. ...

The Japanese government is set to grant about $4.6 million in aid to Cambodia to support economic and social development in the Kingdom. According to a Foreign Affairs Ministry statement, Minister Prak Sokhonn and Japanese Ambassador Horinouchi Hidehisa will sign the Exchange of Notes and related ...