Aid and development
China, Cambodia promise to deepen friendly ties
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. ...
Ith Sothoeuth
http://www.voacambodia.com/a/china-cambodia-promise-to-deepen-friendly-ties/3794351.html
US cuts funding to UN women’s health fund
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. ...
Mark Tilly
http://www.khmertimeskh.com/news/37230/us-cuts-funding-to-un-women---s-health-fund/
U.S. To give $6 million to genocide research group
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 ...
Sun Narin
http://www.voacambodia.com/a/us-to-give-6-million-to-genocide-research-group/3794401.html
US Naval aid unit pushed out, Embassy says
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 ...
Michael Dickison and Sek Odom
https://www.cambodiadaily.com/news/us-naval-aid-unit-pushed-out-embassy-says-127486/
US gives $5.8m to preserve Khmer Rouge records
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. ...
Ros Chanveasna
http://www.khmertimeskh.com/news/37192/us-gives--5-8m-to-preserve-khmer-rouge-records/
Switzerland to keep supporting Richner’s hospitals
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 ...
Mom Kunthear
http://www.khmertimeskh.com/news/37191/switzerland-to-keep-supporting-richner---s-hospitals/
Japan signs deal to fund aid projects
The Japanese ambassador is set to sign a new aid package today pledging about $140 million worth of support for various projects, according to the Ministry of Foreign Affairs. ...
Andrew Nachemson
http://www.phnompenhpost.com/national/japan-signs-deal-fund-aid-projects
Higher skills for a busy aviation sector
In its first two months of regular operation Cambodia’s first civil aviation training centre has provided certificates to dozens of aviation officials and airport staff, helping to raise the skill level of personnel in the Kingdom’s fast-expanding aviation sector. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/higher-skills-busy-aviation-sector
Swedish aid agency offers funds for SMEs
Sweden’s development agency will provide $7 million to foster the development of small- and medium-size enterprises (SMEs) in Cambodia, according to state-run news agency AKP. ...
The Phnom Penh Post Staff
http://www.phnompenhpost.com/business/swedish-aid-agency-offers-funds-smes
Cambodia, Sri Lanka and the China debt trap
The influx of Chinese economic assistance into Sri Lanka and Cambodia has raised questions regarding the intentions behind these massive loans. A 2016 International Monetary Fund report showed that Cambodia’s external multilateral public debt is now at US$1.6 billion, while its bilateral public debt with ...
Veasna Var and Sovinda Po
http://www.atimes.com/article/cambodia-sri-lanka-china-debt-trap/
UN vows Khmer Rouge trial aid
Cambodia and the United Nations have vowed to find more funds to support the Extraordinary Chambers in the Courts of Cambodia, according to the Council of Ministers. ...
Ros Chanveasna
http://www.khmertimeskh.com/news/36896/un-vows-khmer-rouge-trial-aid/
Korea donates military vehicles
South Korea has given more than 200 military vehicles to Cambodia and nearly 200 more will arrive in July. The first batch were handed over yesterday at a ceremony at the Techo Hun Sen Military Technical Institute in Kampong Speu province. ...
Ven Rathavong
http://www.khmertimeskh.com/news/36849/korea-donates-military-vehicles/
Developing society and infrastructure
Two images on the back of the 500 riel banknote depict bridges, with the one on the left showing the Kingdom’s longest and most modern bridge, the Tsubasa (“Bird’s Wing”) Bridge linking Kandal and Prey Veng provinces. ...
Riel Gains
http://www.khmertimeskh.com/news/36412/developing-society--and-infrastructure/
China asked to fund bridges
Cambodia yesterday asked China to help fund the construction of two bridges across the Mekong River, which it said would cut traffic congestion in Phnom Penh and help create a ring road around the city. ...
Ros Chanveasna
http://www.khmertimeskh.com/news/36169/china-asked-to-fund-bridges/
Japan to help country go green
Japan has signed a three-year deal to help train government officials on attracting environmentally friendly investment. The Environment Ministry and Japan International Cooperation Agency (JICA) yesterday signed the agreement to educate officials about how to use environmental impact assessments and enforce pollution controls. ...
Pech Sotheary
http://www.khmertimeskh.com/news/36164/japan-to-help-country-go-green/
Gov’t agro production project nets $36.3M
The Ministry of Economy and Finance secured a $36.3 million concessionary loan from the UN’s International Fund for Agricultural Development (IFAD) program aimed at accelerating the production of small-scale agricultural products including rice, vegetables, potatoes, silk and livestock, according to a ministry release yesterday. ...
Post Staff
http://www.phnompenhpost.com/business/govt-agro-production-project-nets-363m
PM again asks Trump for ’70s-era debt relief
Prime Minister Hun Sen has once again called for the United States to drop the debt Cambodia incurred during the 1970s Lon Nol regime, just days after US Ambassador William Heidt said in no uncertain terms that the US had no such plans. ...
Touch Sokha
http://www.phnompenhpost.com/national/pm-again-asks-trump-70s-era-debt-relief
RCAF gets Korean gear
Cambodia is expecting a shipment of military vehicles donated by South Korea, according to a sub-decree. The Ministry of Finance in December released about $1 million to the Defence Ministry to cover the equipment’s transportation, it says. ...
Mech Dara
http://www.phnompenhpost.com/national/rcaf-gets-korean-gear
JICA support for logistics
The Japan International Cooperation Agency (JICA) will continue to support the development of Cambodia’s logistics sector in its partnership with the government to reduce transport costs and strengthen the country’s logistics infrastructure. ...
Sum Manet
http://www.khmertimeskh.com/news/35010/jica-support-for-logistics/
South Korea pledges $417 million in development loans to Cambodia
South Korea will hand out nearly $420 million in development loans to Cambodia this week, much of it for roads and other infrastructure, bringing its total assistance to more than $880 million since 2001. ...
Hannah Hawkins
https://www.cambodiadaily.com/business/south-korea-pledges-417m-in-development-loans-to-cambodia-124306/
Cambodia eyes AIIB loan
Cambodia will begin applying for a loan from the newly established China-backed Asian Infrastructure Investment Bank (AIIB) from next year in response to the current need for infrastructure development. ...
May Kunmakara
http://www.khmertimeskh.com/news/34470/cambodia-eyes-aiib-loan/
Sihanoukville multipurpose port planned
The government plans to spend about $300 million to build a new multipurpose seaport in Preah Sihanouk province, which promises to receive larger cargo ships and reduce logistics costs.The new port will increase the capacity of the Sihanoukville Autonomous Port (PAS) to handle cargo shipments, ...
Chea Vannak
http://www.khmertimeskh.com/news/33740/sihanoukville-multipurpose-port-planned/
France loans €30M for water plant expansion
The French Agency for Development has granted a 30 million euro, or $31.1 million, loan for the Phnom Penh Water Supply Authority (PPWSA) to expand one of its four water plants and increase its water distribution in the capital. ...
Yesenia Amaro
http://www.phnompenhpost.com/national/france-loans-eu30m-water-plant-expansion
Foreign aid drops in latest OECD update
Foreign aid to Cambodia dropped about 14 percent last year, according to updated data released this week—though the figures exclude China, one of the country’s most significant donors. Actual payments of foreign aid fell from $970 million in 2014 to $830 million last year, marking ...
Michael Dickison
https://www.cambodiadaily.com/news/foreign-aid-drops-latest-oecd-update-122374/