Multilateral development assistance
Asian Development Bank (ADB)
Construction of international tourism port on the way
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). ...
Mom Chandara Soleil
http://www.akp.gov.kh/?p=106465
Asian Development Bank needs to prioritize gender: review
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. ...
Yesenia Amaro
http://www.phnompenhpost.com/national/asian-development-bank-needs-prioritise-gender-review
ADB plan aims for synergy in agro sector
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 ...
Kali Kotoski
http://www.phnompenhpost.com/business/adb-plan-aims-synergy-agro-sector
GMS gets closer to a food safety strategy
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. ...
Sok Chan
http://www.khmertimeskh.com/news/40334/gms-gets-closer-to-a-food-safety-strategy/
Report warns on pier project
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. ...
Leonie Kijewski and Yon Sineat
http://www.phnompenhpost.com/national/report-warns-pier-project
Asian Development Bank announces $45M loan for secondary education
The Asian Development Bank has approved a $45 million loan for Cambodia to overhaul its upper secondary education in order to address the increased demand for skilled workers. ...
Yesenia Amaro
http://www.phnompenhpost.com/national/asian-development-bank-announces-45m-loan-secondary-education
ADB to muscle up its lending with pledge of $1B
Cambodia could receive over $1 billion in developmental aid and grant funding from the Asian Development Bank (ADB) in the coming four years as the multilateral financial institution consolidates its lending arms and scales up operations across the region – a move that some analysts ...
Kali Kotoski
http://www.phnompenhpost.com/business/adb-muscle-its-lending-pledge-1b
Officials discuss future Kep developments
Tourism Ministry officials held a meeting yesterday to discuss a project to develop a tourist port in Kampot province and a planned drainage system for Kep’s Crab Market – two tourism infrastructure projects backed by the Asian Development Bank (ADB). ...
Post Staff
http://www.phnompenhpost.com/business/officials-discuss-future-kep-developments
New weather stations being built in provinces
In an attempt to deliver more accurate weather reporting in the Kingdom, the Ministry of Water Resources and Meteorology has started building 30 additional weather stations throughout the country, according to officials. ...
San Bunsim
http://www.khmertimeskh.com/news/27278/new-weather-stations-being-built-in-provinces/
Kampot to get new port
Construction of a seaport in Kampot is set to begin this year two years after being approved thanks to an $18 million loan from the Asia Development Bank (ADB), according to officials. ...
Sok Chan
http://www.khmertimeskh.com/news/21768/kampot-to-get-new-port/
ADB appoints Tongan to lead its operation in Cambodia
A Tongan national was appointed as Asian Development Bank’s director for Cambodia effective 01 February.Samiuela T. Tukuafu will lead ADB operations in Cambodia to support the country’s development goals of promoting inclusive growth and diversifying the economy. ...
Alpha Latu
http://nzkanivapacific.co.nz/2016/02/adb-appoints-tongan-to-lead-its-operation-in-cambodia/
ADB plans to provide 880 million USD financing to Cambodia
The Asian Development Bank (ADB) plans to provide financing totally about 880 million US dollars to Cambodia for 2016 – 2018. According to a press release from the Ministry of Economy and Finance, which was released yesterday. ...
Sok Chan
http://bit.ly/1PjBn8G
‘Skills gap’ remains an impediment to growth, new report says
Cambodia must tackle the skills gap to boost the productivity of its labor force in order to grow its economy, according to the latest report. ...
Hean Socheata
http://www.voacambodia.com/content/skills-gap-remains-an-impediment-to-growth-new-report-says/3156042.html
Government undecided on new resettlement sites for evictees
A Finance Ministry official said on Sunday that the government had yet to decide whether it would comply with Asian Development Bank (ADB) rules that families facing eviction from along the country’s old railway tracks be offered resettlement options better than the ones they have ...
Zsombor Peter
https://www.cambodiadaily.com/news/government-undecided-on-new-resettlement-sites-for-evictees-102214/
Cambodia faces turning point on foreign aid
Despite failing to meet many of the expectations of its foreign donors over the past two decades, Cambodia’s government has never struggled to secure aid from abroad. ...
Tej Parikh
https://www.cambodiadaily.com/news/cambodia-faces-turning-point-on-foreign-aid-100205/
ADB provides 64 mln USD to Cambodia for irrigation, malaria control
The Asian Development Bank (ADB) on Tuesday signed up to provide a total of 64 million U.S. dollars loan and grant to Cambodia for the projects of irrigation and malaria control system, according to an ADB statement. ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/2015-11/10/c_134802150.htm
World Bank East Asia Pacific regional vice President visits Cambodia
The World Bank looks forward to working with Cambodia to support the country’s efforts in reducing poverty and improving economic and social conditions for its people, especially in agriculture, health, education and transportation, said Axel van Trotsenburg, World Bank Regional Vice President for East Asia ...
The FINANCIAL News Staff
http://finchannel.com/index.php/business/item/51499-world-bank-east-asia-pacific-regional-vice-president-visits-cambodia
Charting the next seven years of environmental policy
Work began yesterday on Cambodia’s first national environmental plan in more than a decade. Once completed, the National Environmental Strategy and Action Plan (NESAP) will form the backbone of Cambodia’s environmental policy until 2023. The far-reaching plan – which is expected to be put into ...
Jonathan Cox
http://www.khmertimeskh.com/news/17414/charting-the-next-seven-years-of-environmental-policy/
ADB supports Cambodia’s push to develop new environmental plan
The Asian Development Bank (ADB) is supporting the government of Cambodia to develop a National Environmental Strategy and Action Plan (NESAP) to help the country achieve its sustainable development goals. ...
The FINANCIAL News Staff
http://www.finchannel.com/index.php/business/item/51340-adb-supports-cambodia-s-push-to-develop-new-environmental-plan
PM urges greater economic integration with China
Prime Minister Hun Sen yesterday called for more collaboration and integration of financial markets at the regional level, especially with China – the world’s second-largest economy – to offset the effects of a slowing global economy. ...
May Kunmakara
http://www.khmertimeskh.com/news/16773/pm-urges-greater-economic-integration-with-china/
ADB approves loan to improve irrigation systems
The Asian Development Bank (ADB) has approved a $60 million loan to modernize and rehabilitate irrigation systems in Kompong Thom and Battambang provinces. ...
Meghan Tribe
https://www.cambodiadaily.com/business/adb-approves-loan-to-improve-irrigation-systems-95983/
Families file new complaint under ADB railway project
Families who have been displaced by railway projects funded by the Asian Development Bank have filed a new complaint to an ADB review panel.Twenty-two people this week requested a new investigation by the ADB’s Compliance Review Panel. ...
Sok Khemara
http://www.voacambodia.com/content/families-file-new-complaint-under-adb-railway-project/2966131.html
Cambodia and other GMS countries to meet in Myanmar on infrastructure development
The Cambodia minister and other senior officials from the other countries Greater Mekong Subregion (GMS) will gather this week for the 20th GMS Ministerial Conference to explore ways to boost infrastructure investment and development, said the press release of the ASIAN Development Bank. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/cambodia-and-other-gms-countries-to-meet-in-myanmar-on-infrastructure-development-8933
ADB confirms receipt of latest request from railway families
The Asian Development Bank (ADB) has received a complaint from 22 Cambodians who say the lender is falling short in its efforts to fix the mistakes it has made in planning and carrying out its ongoing rehabilitation of the country’s dilapidated railway tracks. ...
Zsombor Peter and Sek Odom
https://www.cambodiadaily.com/news/adb-confirms-receipt-of-latest-request-from-railway-families-93266/