Multilateral development assistance

Asian Development Bank (ADB)

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/

ADB lends $ 82 million to improve national roads in two provinces to boost economic development

Asian Development Bank (ADB) has approved a $ 82 million loan to improve 48 km of national and provincial roads in Prey Veng and Kandal provinces to promote economic development through the Greater Mekong Subregion Economic Corridor.   ...

Ry Sochan
https://www.postkhmer.com/national/2021-09-30-0955-224438.html

ADB’s strategies for developing Cambodia

The Asian Development Bank (ADB) in Cambodia affirmed that its development strategy is in line with that of the Cambodian government. ...

Tin Sokhavuth
https://www.khmertimeskh.com/50904511/adbs-strategies-for-developing-cambodia/

Cambodian economy can grow by four percent this year

The Asian Development Bank (ADB) has projected that the Cambodian economy will grow by 4 percent this year and 5.5 percent next year, led by a robust recovery of its major trade partners. ...

Khmer Times Staff
https://www.khmertimeskh.com/50864730/cambodian-economy-can-grow-by-four-percent-this-year/

ADB forecast: 4% economic growth in 2021

Cambodia’s economy is forecast to grow 4.0 per cent this year and 5.5 per cent in 2022, as economic recoveries in major trading partners boosts demand for the Kingdom’s exports, according to an Asian Development Bank (ADB) report released on April 28. ...

Thou Vireak
https://www.phnompenhpost.com/business/adb-forecast-4-economic-growth-2021

Leveraging digital technologies key to Asia’s COVID-19 recovery – ADB

Digital platforms and other technology-based tools are providing new growth opportunities for businesses of all sizes and across all industries in Asia and the Pacific (including Cambodia). ...

Khmer Times Staff
https://www.khmertimeskh.com/50812909/leveraging-digital-technologies-key-to-asias-covid-19-recovery-adb/

ADB: Investment in human resources critical

The Asian Development Bank (ADB) has outlined that the government needs to continue investing in its people through the widening of parameters for programmes such as ID Poor and upskilling workers transitioning into new sectors to achieve a post-pandemic economic recovery. ...

Harrison White
https://www.khmertimeskh.com/50798179/adb-investment-in-human-resources-critical/

ADB approves loans worth $70 million for Cambodia’s agriculture

The Asian Development Bank (ADB) has approved a $70 million in loan to improve the capacity of agribusinesses in six provinces across Cambodia to process key agricultural products. ...

Khmer Times Staff
https://www.khmertimeskh.com/50789891/adb-approves-loans-worth-70-million-for-cambodias-agricultur/

ADB projects a rebound in growth for 2021

Asian Development Bank (ADB) has adjusted its medium-term outlook for Cambodia’s economy, projecting that it will contract by 4 percent by the end of the year.  ADB’s previous outlook had projected that the national economy would decline by 5.4 percent compared with last year, as ...

Sok Chan
https://www.khmertimeskh.com/50788737/adb-projects-a-rebound-in-growth-for-2021/

ADB approves $70 million loan to strengthen agricultural value chain and food safety in Cambodia

The Asian Development Bank (ADB) has approved a $70 million loan to improve the capacity of agribusinesses in six provinces across Cambodia to process key agricultural products such as cassava, cashews, mangoes, vegetables, and poultry. ...

Sok Chan
https://www.khmertimeskh.com/50787037/adb-approves-70-million-loan-to-strengthen-agricultural-value-chain-and-food-safety-in-cambodia/

Micro, small, medium firms vital but need support: Report

Strengthening the dynamics of micro, small, and medium enterprises (MSMEs) with innovation and internationalisation will be key to revitalising Southeast Asian economies devastated by Coronavirus, according to a new report from the Asian Development Bank (ADB). ...

Sok Chan
https://www.khmertimeskh.com/50777691/micro-small-medium-firms-vital-but-need-support-report/

ADB provides $127.8 million loan for reliable electricity infrastructure

The Asian Development Bank (ADB)approved a $127.8 million loan on Friday to expand the construction of transmission lines and substations, aiming to help provide Phnom Penh and three other provinces with a stable and reliable electricity supply. ...

Ry Sochan
https://www.khmertimeskh.com/50763512/adb-provides-127-8-million-loan-for-reliable-electricity-infrastructure/

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