Aid and development

Cambodia thanks Australia for agriculture support

Cambodia reiterated the important role Australia plays in the development of its agriculture sector and urged leaders of the Commonwealth nation to support the modernisation of the industry through investments in modern factories and machinery. ...

Sok Chan
http://www.khmertimeskh.com/50114866/cambodia-thanks-australia-for-agriculture-support/

Green funding will be first for Kingdom: ADB

The Asian Development Bank’s recent announcement of $40 million in funding for Cambodia marks the first funds from the Green Climate Fund that were earmarked for the Kingdom, according to ADB officials. ...

Hor Kimsay
http://www.phnompenhpost.com/business/green-funding-will-be-first-kingdom-adb

South Korea to help build bridge across Mekong

The government of South Korea will help to build a Cambodia-Korea Friendship Bridge across the Mekong River in the future, according to a statement from the Foreign Affairs Ministry yesterday. The announcement came after a meeting on Friday between Foreign Minister Prak Sokhonn and newly-appointed ...

Mom Sophon
http://www.khmertimeskh.com/50113678/south-korea-to-help-build-bridge-across-mekong/

Cambodia to get $40M from ADB’s green fund

The Asian Development Bank has announced an additional $30 million in grants and $10 million in loans to Cambodia as part of the organization’s Green Climate Fund. ...

Post Staff
http://www.phnompenhpost.com/business/cambodia-get-40m-adbs-green-fund

Japan to fund four new local projects

Japan agreed to provide $384,817 in financial assistance to local organisations for projects in Phnom Penh, Kandal, Kampong Chhnang and Koh Kong. ...

Sum Manet
http://www.khmertimeskh.com/50112050/japan-fund-four-new-local-projects/

Hun Sen, tax chief accuse US of lying about cuts to aid

Prime Minister Hun Sen and tax chief Kong Vibol accused the US of lying about cutting assistance to Cambodia, claiming that one of the programs on the chopping block hasn’t existed since 2016. In a speech to garment workers in the Sihanoukville SEZ on Saturday, ...

Mech Dara and Daphne Chen
http://www.phnompenhpost.com/national/hun-sen-tax-chief-accuse-us-lying-about-cuts-aid

Japan to aid Prey Lang forest protection

The Ministry of Environment and Japan will today sign a $600,000 agreement on forest conservation for a period of three years in the Prey Lang forest, which spans four provinces. The project will focus on forest conservation, legal strengthening and community forestry development, according to a ...

Pech Sotheary
http://www.khmertimeskh.com/50111840/japan-aid-prey-lang-forest-protection/

Spokesman vows Cambodia will fight against ‘colonisation’ after US cuts aid

The Cambodian government expressed “dismay” yet remained defiant yesterday in the face of a US decision to cut aid to the Kingdom in response to its ongoing political crackdown, saying it would not comply with demands to restore the forcibly dissolved opposition CNRP. In a statement, ...

Mech Dara and Daphne Chen
http://www.phnompenhpost.com/national/spokesman-vows-cambodia-will-fight-against-colonisation-after-us-cuts-aid

Germany supporting rural development in Cambodia

The German embassy in Cambodia is cooperating with the government to assist in rural development.According to a press release from the German embassy issued yesterday, more than 2,500 kilometres of roads, 88 bridges, 48 schools and 11 markets have been built across the country with ...

Sen David
http://www.khmertimeskh.com/50111151/germany-supporting-rural-development-cambodia/

US cuts aid to Cambodia with aim to ‘urge government to reconsider its current course’

The White House is cutting aid to several assistance programs in Cambodia due to “recent setbacks to democracy”, it announced late Tuesday. Some programs supporting Cambodia’s Tax Department, military and local government will be cut or reduced “to ensure that American taxpayer funds are not being ...

Daphne Chen and Erin Handley
http://www.phnompenhpost.com/national/us-cuts-aid-cambodia-aim-urge-government-reconsider-its-current-course

India gives $50,000 to KRT

The Indian government has contributed $50,000 to the Khmer Rouge tribunal’s annual budget requirements.Neth Pheaktra, spokesman of the Extraordinary Chambers in the Courts of Cambodia, said yesterday that India gave $50,000 to the national side of the tribunal for its operations in 2018. ...

China gifts medical equipment to state-run military hospital

China’s Ministry of Defence yesterday provided 24 kinds of medical equipment to the state-run Preah Ket Mealea military hospital to support heart and blood treatments. During a ceremony in Phnom Penh, Lieutenant General Ly Sovan, director of Preah Ket Mealea Hospital, said the hospital has often ...

Sen David
http://www.khmertimeskh.com/50110602/china-gifts-medical-equipment-state-run-military-hospital/

Japan pledges $7.5 million for Cambodian elections despite legitimacy concerns

Amid widespread international condemnation of Cambodia’s upcoming elections, Japan pledged an additional $7.5 million worth of equipment for the July polls this morning. The grant, signed by Foreign Affairs Minister Prak Sokhonn and Japanese Ambassador Hidehisa Horinouchi, will provide “ballot boxes as well as other ...

Mech Dara and Andrew Nachemson
http://www.phnompenhpost.com/national/japan-pledges-75-million-cambodian-elections-despite-legitimacy-concerns

UN unemployment project expanded

The Ministry of Labour and United Nations yesterday pledged to continue working on a project that is aiding young women and men in their search for decent and productive employment opportunities. ...

Sen David
http://www.khmertimeskh.com/50109497/un-unemployment-project-expanded/

Japan funds education and health

The Japanese government yesterday provided grant assistance worth nearly $350,000 to support IT education for disabled young Cambodians, as well as the construction of hospital buildings in three provinces across the kingdom. The agreement was signed at the Japanese embassy in Phnom Penh yesterday afternoon between ...

Pav Suy
http://www.khmertimeskh.com/50108990/japan-funds-education-and-health/

China to provide 40 mobile health clinics

Forty mobile clinics and other tools will arrive in the kingdom in April and October following an agreement signed between the Health Ministry and the Chinese embassy in Cambodia. The signing ceremony for the agreement was held earlier this month, according to Health Minister Mam Bun ...

Mom Kunthear
http://www.khmertimeskh.com/50108640/china-to-provide-40-mobile-health-clinics/

Government seeking loan to repair national road

The Transport Ministry said yesterday it has asked the World Bank for a $110 million loan to upgrade National Road 4. Speaking after a signing ceremony with a Chinese company to repair two other national roads, Transport Minister Sun Chanthol said the ministry and the World ...

Sen David
http://www.khmertimeskh.com/50106732/government-seeking-loan-repair-national-road/

Swiss aid gives $4.6M for farmers

The Swiss Agency for Development and Cooperation (SDC) yesterday pledged $4.6 million over three years for phase two of an agriculture assistance program that is intended to help small-scale Cambodian farmers in four northern provinces. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/swiss-aid-gives-46m-farmers

$540m Mekong project endorsed

Environment ministers from the six countries of the Greater Mekong subregion endorsed a five-year environment agenda that includes more than $540 million worth of projects to spur green investments and increase environmental cooperation to help the subregion achieve sustainable growth. ...

Khy Sovuthy
http://www.khmertimeskh.com/50106157/540m-mekong-project-endorsed/

Foreign Minister hopes trip to Indonesia will boost relations

Foreign Minister Prak Sokhonn will travel to Indonesia for a three-day goodwill visit to boost bilateral ties between the two countries from tomorrow until Saturday, according to a statement from the Foreign Affairs Ministry yesterday. ...

Ros Chanveasna
http://www.khmertimeskh.com/50105501/foreign-minister-hopes-trip-to-indonesia-will-boost-relations/

Drainage system set for Battambang

The Ministry of Transport yesterday signed an agreement with a Chinese company to build a $9 million drainage system in Battambang town to reduce flooding. The project is being funded by aid provided by the Asian Development Bank for the greater Mekong subregion, which includes $44 ...

Sen David
http://www.khmertimeskh.com/50105455/drainage-system-set-for-battambang/

India, Cambodia to expand ties in IT, infrastructure sectors

The meeting between Cambodian Prime Minister Hun Sen and Indian Prime Minister Narendra Modi saw Cambodia invite Indian investment in information technology, pharmaceuticals, agriculture and horticulture, infrastructure and small and medium enterprises. ...

Associated Press
https://www.washingtonpost.com/business/technology/india-cambodia-to-expand-ties-in-it-infrastructure-sectors/2018/01/27/ee66f1f6-0352-11e8-86b9-8908743c79dd_story.html?utm_term=.3f9cc0d23cdd

Hunton & williams advises on commercial close for $1.8 billion Cambodian expressway project

Hunton & Williams LLP is pleased to announce its role as lead transaction counsel to China Road and Bridge Corporation in a $1.8 billion public-private partnership (PPP) development of a 190-kilometer expressway in Cambodia. ...

Business Wire
https://www.businesswire.com/news/home/20180130005036/en/Hunton-Williams-Advises-Commercial-Close-1.8-Billion

India loan signed to fund dam in Kampong Speu

India’s state-owned Export-Import Bank agreed to loan $36.92 million to the Cambodian government to fund the development of a dam and reservoir in Kampong Speu province. ...

Hor Kimsay
http://www.phnompenhpost.com/business/india-loan-signed-fund-dam-kampong-speu

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