Aid and development

Cambodia has finalised architectural plan and design for the country’s first-ever international tourism port and been proceeding cost estimation and construction – thanks to the loan from the Asian Development Bank (ADB). ...

About 70 percent of roads and bridges in Cambodia have been funded by China, with loans for their financing adding up to about $2 billion, government-affiliated Fresh News reported the transport minister as saying on Friday. ...

The World Bank will disburse some $540 million from 2018 to 2021 to finance economic development in Cambodia with a focus on supporting the implementation of the government’s Industrial Development Policy as well as other socio-economic projects. ...

France has pledged nearly $400,000 to set up maternal health and early childhood services, including child care centers, at a dozen garment factories across Cambodia, the French Embassy said on Wednesday. ...

State-owned Telecom Cambodia yesterday inaugurated its Greater Mekong Telecom Backbone Network Project, which includes the installation of a 467-kilometre fibre-optic cable connection between Sihanoukville and Kampong Cham, the Telecommunication Regulator of Cambodia said in a news release. ...

The Asian Development Bank needs to be more involved in helping Cambodia implement gender equality policies in order to “tap the economic potential” for women and close “sizable gender equality gaps”, an internal evaluation has found. ...

China has revealed a plan to help Cambodia by establishing a comprehensive tourism development plan for Siem Reap province, home of the famed Angkor archeological park. ...

The Asian Development Bank (ADB) is close to finalising its five-year action plan for 2018 to 2022 that promotes agricultural-based value chains across the Greater Mekong Subregion (GMS), an area that includes Cambodia, Laos, Vietnam, Thailand, Myanmar and the southern Chinese province of Yunnan, the ...

Phnom Penh municipal officials and Chinese Embassy representatives yesterday commemorated the handover of 98 Chinese buses and two cranes to the city yesterday at a ceremony on Koh Pich. ...

A draft five-year strategy for promoting safe and environment-friendly agriculture products in the Greater Mekong Subregion (GMS) that would enhance regional food safety and promote trade is expected to be finalised today, according to the Asian Development Bank. ...

Defence Minister Tea Banh is slated today to preside over the official opening of the Cambodian Mine Action Centre’s new $700,000 “Peace Museum for Mine Action” at its Siem Reap regional headquarters, with Japan set to donate $12 million worth of demining equipment, an official ...

Japan has pledged $5.7 million to train government officials from Cambodia. The deal was signed yesterday by Foreign Affairs Minister Prak Sokhonn and Japanese ambassador Hidehisa Horinouchi. . ...

A Japanese NGO yesterday signed a deal worth nearly $300,000 to assist four Kandal province primary schools in providing access to education for children with disabilities. ...

The Legal Documentation Centre attached to the Khmer Rouge tribunal opened to the public yesterday, thanks to financial aid from the Japanese government. Speaking at the inauguration ceremony in Phnom Penh, Deputy Prime Minister Bin Chhin said the centre will play an important part in preserving ...

The Kampot Pier Project – a $10 million effort to attract tourists by building a passenger pier – could harm communities due to insufficient consultation, a new NGO report and community representatives claim. ...

A World Bank subsidiary will soon start training 2,000 farmers contracted to supply a leading Cambodian rice exporter on how to meet an international farming standard. ...

The International Monetary Fund says Cambodia’s young population compared with other regional countries will be a driving force for financial development and contribute to the emerging finance technology sector, or Fintech.  ...

A Cambodian official has said US President Donald Trump’s decision to leave the Paris Climate Agreement is “unethical” and “irresponsible”. Tin Ponlok, secretary general of the National Council for Sustainable Development at the Ministry of Environment, said it was “regretful” that Trump decided to abandon the ...

Cambodia stands to benefit from an uptick in global and regional economic growth but will need to diversify its economy, improve infrastructure and reduce obstacles to doing business if it is to continue on its impressive growth track, a visiting International Monetary Fund (IMF) official ...

The Indian Embassy to Cambodia has given a $50,000 grant for a project to help stop the spread of tuberculosis in the kingdom. During a press conference at the National Centre for Tuberculosis and Leprosy Control (CENAT) on Friday, Operation ASHA programme director Dr Narith ...

China has granted $240 million aid to Cambodia under agreements signed by Prime Minister Hun Sen on a state visit to Beijing. ...

Cambodia has yet to set its loan application policies to borrow funds from the Asian Infrastructure Investment Bank (AIIB) because the country can still get highly concessional rates from development partners, Minister of Economy and Finance Aun Pornmoniroth said. ...

Cambodia is expecting to gain more capital for its infrastructure development projects through its membership in the Sustainable Development Investment Partnership (SDIP), which can sustain long-term economic growth, according to a senior official. ...

Japan-based company Metawater will provide its power-saving inverter technology to a water treatment plant in Cambodia’s capital through an arrangement that will help the Japanese government earn carbon reduction credits, according to a Nikkei Asian Review report. ...