Asian Development Bank (ADB)

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). ...

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. ...

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. ...

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. ...

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. ...

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. ...

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 ...

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. ...

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. ...

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 ...

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 ...

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. ...

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. ...

The Asian Development Bank (ADB) has approved a $60 million loan to modernize and rehabilitate irrigation systems in Kompong Thom and Battambang provinces. ...

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. ...

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 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. ...

Another group of families living along Cambodia’s dilapidated railway tracks is filing a complaint with the compliance review panel of the Asian Development Bank (ADB), accusing the lender of failing to abide by its own resettlement policies. ...

The Council of Ministers on Friday approved a plan to increase the amount of borrowing from foreign countries by as much as 33 percent over the next three years, in a bid to counter a decrease in grants and concessional loans. ...

Economists and industry experts disagreed Tuesday on the effects that recent currency devaluations in China and Vietnam would have on the Cambodian economy. ...

Asian Development Bank (ADB) President Takehiko Nakao said here Tuesday that Cambodia is on the verge of transforming from a low-income to a middle-income country. The middle-income nation is defined by the GDP (gross domestic product) per capita between 1,045 U.S. dollars and 12,746 U.S. ...

ប្រធាន​ធនាគារ​អភិវឌ្ឍន៍​អាស៊ី​ដែល​មក​ធ្វើ​ទស្សន​កិច្ច លោក តាកេហ៊ីកុ ណាកាវ (Takehiko Nakao) បាន​មាន​ប្រសាសន៍​កាលពី​ថ្ងៃ​អង្គារ​ថា នឹង​មិន​មាន​ប្រាក់​ថែមទៀត​ពី​ធនាគារ​នេះ​ដើម្បី​បញ្ចប់​គម្រោង​ដែល​ជាប់​ គាំង​និង​ក្ស័យធន ដើម្បី​ស្ថារ​បណ្តាញ​ផ្លូវ​ដែក​ចាស់​របស់​ប្រទេស​កម្ពុជា គឺ​គម្រោង​មាន​ទឹក​ប្រាក់​១៤២​លាន​ដុល្លារ ដែល​ត្រូវ​គេ​ចាត់​ទុក​ថា​ជា​ការ​ផ្តួចផ្តើម​ហេដ្ឋា​រចនា​សម្ព័ន្ធ​ដ៏​ សំខាន់។ ...

Asian Development Bank (ADB) President Takehiko Nakao on Tuesday pledged to provide continued support to Cambodia for socio-economic development, a Cambodian spokesman said. He said the nation’s poverty rate had fallen from 53 percent in 2004 to 18 percent in 2014. ...

Asian Development Bank (ADB) provided US$67 millions in loan to support and improve water supply, tourism and financial sectors in Cambodia. The loan agreement was signed Thursday between Aun Pornmoniroth, Cambodia’s Minister of Economy and Finance, and Eric Sidgwick, ADB Country Director for Cambodia. ...