Multilateral development assistance

In March, the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), the Global Green Growth Institute (GGGI), and the Securities and Exchange Regulator of Cambodia (SERC), in collaboration with the Credit Guarantee and Investment Facility (CGIF) and GuarantCo, part of the ...

Cambodia will likely start implementing a massive reskilling and upskilling project with the support of the World Bank in 2024 for which the bank has proposed an allocation of $40 million. A number of training institutions (TIs) and job centres (JCs) will be set up ...

The World Bank has approved a $60-million to Cambodia to support the kingdom’s improvement of solid waste and plastics management, according to its press statement on Thursday. ...

Cambodia could potentially benefit from a $20.5 billion financial package for the Asia-Pacific committed by the Asian Development Bank (ADB), and use the funds to support its post-Covid-19 economic recovery, as extreme weather events compounded by a worsening regional food crisis and the still-ongoing Ukraine ...

The Asian Development Bank last year committed support to Cambodia in several important sectors, including coastal, marine fisheries, power and livestock value chain. ...

Cambodia’s long term economic growth faces significant threats from climate change and could dampen prospects for becoming an upper-middle income country in the coming years, according to the Asian Development Bank (ADB) report issued last week. ...

The Asian Development Bank (ADB) on April 4 pegged the Kingdom’s economic growth at 5.5 per cent for this year “on a more robust tourism recovery and higher growth in the services sector”. ...

World Bank has maintained the 2023 economic growth rate forecast for Cambodia at 5.2 percent while it lowered the prospects for the neighbouring countries Vietnam and Thailand from its October 2022 estimates. ...

A nearly 21ha landfill in Ta Kream commune’s Poi Svay village of Battambang province’s Banan district was inaugurated on March 20 as part of the second “Urban Environment Management in the Tonle Sap Basin” project, which is being funded through a loan from the Asian ...

A delegation of the Ministry of Water Resources and Meteorology and the Asian Development Bank (ADB) on March 4 inspected the Kamping Puoy reservoir irrigation improvement project in Battambang province. ...

The Ministry of Agriculture, Forestry and Fisheries and the Asian Development Bank (ADB) are discussing low-interest rate loans for farmers to fund the use of net houses for growing vegetables as well as improved irrigation technology. ...

The Kingdom of Cambodia and the United Nations (UN) have agreed to boost their partnership and cooperation on mine clearance. ...

Victor Madrigal-Borloz, an independent UN specialist on protection against violence and discrimination based on sexual trends and gender identity, is on a 10 day tour of the Kingdom, at the request of the government. ...

The UN Independent Expert on protection against violence and discrimination based on sexual orientation and gender identity, Victor Madrigal-Borloz, has started a  visit the Kingdom from Tuesday, January 10 to 20 January 2023. ...

Implementation of the National Policy Framework for Cambodia’s Economic Productivity 2022-35, a pact with Japan to make Sihanoukville a major port, a $50-million loan from the Asian Development Bank to back economic diversification and boost competitiveness, and extension of the Better Factories Cambodia (BFC) programme ...

In its Cambodia Economic Update, the World Bank has said that the country’s commercial real estate sector faces increased risks as financial conditions tighten. ...

Six projects worth $361.4 million have been signed in order to boost science, technology, engineering, and mathematics (STEM) education, and other sectors in Cambodia. ...

Cambodia is set to receive a $274 million credit from the World Bank (WB) “to promote a resilient recovery from the recent economic shocks” stemming from ongoing geopolitical competition among major powers and the Covid-19 crisis, more than two years on from the start of ...

Communities must be empowered and appropriately resourced to lead the fight against HIV/AIDS and other pandemics, UNAIDS, the UN agency dedicated to tackling HIV/AIDS, stressed at an international meeting held in Thailand. ...

Extending valuable support to the Cambodian government’s energy transition plan to enhance renewable energy output and raise energy efficiency while shifting away from fossil fuels, the Asian Development Bank (ADB) on Thursday announced a $50 million policy-based loan package with $23 million in project investments ...

The Asian Development Bank (ADB) has announced that it greenlit a $73 million financing package on December 7 to improve the sustainability and climate resilience of the Kingdom’s marine fisheries subsector. ...

The Asian Development Bank (ADB) has approved a $50m policy-based loan aimed at supporting the government of Cambodia to diversify the country’s economy and boost its global competitiveness. ...

The Asian Development Bank (ADB) on December 6 announced that it has greenlit a $50 million policy-based loan under Subprogram 1 of its Trade and Competitiveness Program to support government efforts to diversify the economy, better enable local businesses to compete globally, and boost Covid-19 ...

Cambodian Deputy Prime Minister Prak Sokhonn, Minister of Foreign Affairs and International Cooperation has highlighted the key role of women in peacekeeping operations under the UN umbrella. ...