Aid and development

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. ...

A document purported to have come from the US State Department appears to show plans to slash US development assistance to the Kingdom down to zero, a move observers said yesterday would further weaken the US’s standing in the country, allowing for China to cement its ...

Thaneakea Srov (Kampuchea) Plc, the recipient of a low-interest $15 million loan from the state-run Rural Development Bank, inked contracts yesterday with three companies to build and outfit its massive 200,000-tonne capacity silo and warehouse facility in Battambang province. ...

Japan inked the $16 million deal through the Japanese International Cooperation Agency (JICA) in February 2016. However Chou Kimtry, deputy director of the municipal department of transport, said yesterday the traffic lights will not be operational until February 2018. ...

The government signed concessional loan agreements with development partners – both bilateral and multilateral – amounting to about $8.3 billion from 1993 to the end of 2016, official figures show.​   ...

Cambodia’s national debt stood at $5.8 billion at the end of 2016, totalling nearly a third of GDP, according to the latest debt bulletin released by the Ministry and Economy and Finance earlier this month. ...

Boeng Kak supporters on Tuesday said they were dismayed at the World Bank’s announcement of a new $100 million loan to the Cambodian government amid ongoing harassment and jailings of land rights activists. ...

The US government has agreed to provide global electoral NGO International Foundation for Electoral Systems a $1.8 million grant to ensure the National Election Committee conducts free and fair elections. ...

Vice Chairman Chen Changzhi pledged that China would continue to extend loans to Prime Minister Hun Sen’s government, provide development aid, and encourage investment.   ...

The US government has pulled any future funding from the United Nations Population Fund (UNFPA), a group focused on reproductive rights for women and girls, over claims it has practiced coercive abortions and involuntary sterilizations in China.   ...

In a statement on Sunday, the Documentation Center of Cambodia (DC-Cam) said the $6 million in additional funding from the U.S. Agency for International Development (USAID) would be paid into an endowment fund that would accrue interest over the next 20 years, eventually bringing in ...

Amid a widening gulf in U.S.-Cambodia relations, the U.S. Embassy said on Monday that a Navy unit specializing in humanitarian work had been forced to leave the country, imperiling hundreds of thousands of dollars worth of community projects, including the construction of maternity wards and ...

The United States has agreed to provide an additional $5.8 million to the Documentation Center for Cambodia to preserve Khmer Rouge-era historical records over the next 20 years.   ...

The Swiss government has vowed to help secure long-term financial sustainability for the Kantha Bopha children’s hospitals. Last week Beat Richner, the founder and head of the Kantha Bopha Children’s Hospital and a Health Ministry adviser, resigned from his position as managing director due to health ...