News

French agency to offer loans for solar panels

The French Development Agency (AFD) confirmed Wednesday that it will sign $6 million worth of loan agreements with three microfinance institutions (MFIs) to help rural households purchase solar panels and electricity. ...

Kang Sothear
http://www.cambodiadaily.com/business/french-agency-to-offer-loans-for-solar-panels-71345/

Phnom Penh to get new water treatment plant

Construction is to begin this month on a $40 million water treatment plant to help Phnom Penh meet a growing demand for clean water, following an official contract signing ceremony Friday. The plant, called Niroth 2, is the second stage in a massive water treatment facility ...

Holly Robertson and Kang Sothear
http://www.cambodiadaily.com/business/phnom-penh-to-get-new-water-treatment-plant-65561/

Officials in ‘contract’ farms drive

Officials are seeking expert firms to implement projects on so-called contract farming and the enhancement of the involvement of farmers’ organisations in paddy collecting and processing, officials said. Contract farming is an agreement on agricultural production carried out between a farmer and buyers, which establishes conditions ...

http://www.phnompenhpost.com/2013052265766/Business/officials-in-contract-farms-drive.html

AFD in talks over power lines

The French Development Agency (AFD) said yesterday it is discussing an approximately 50 million euro ($65 million) loan to extend electricity transmission lines, and said it plans to provide more loans for vocational training in the Kingdom. “We are discussing [the] loan . . . that ...

http://www.phnompenhpost.com/2013050165342/Business/afd-in-talks-over-power-lines.html

French government injects $74 million loan to support social and economic development projects in Cambodia

French government through French development agency will give $74million loan to Cambodia to support social and economic development in the kingdom, according to a senior official said today. Director General of French Agency for Development (Agence Française de Développement -AFD) Mr Dov Zera will travel to ...

http://thesoutheastasiaweekly.com/?p=5679

Loan agreement inked for Cambodia’s first garment training school

The Garment Manufacturer’s Association in Cambodia (GMAC) signed a $3.5 million loan agreement with French international development agency Agence Francaise de Development (AFD) yesterday to build Cambodia’s first garment sector training school. The school will train Cambodia’s unskilled garment workers and other Cambodians who wish to ...

http://www.phnompenhpost.com/index.php/2012120460070/Business/loan-agreement-inked-for-cambodias-first-garment-training-school.html

Acleda takes out $10 Million

Acleda Bank has signed a $US10 million loan agreement   with Proparco, a development finance institution held in part by the Agence Francaise de Développement (AFD), according to a statement released on Wednesday. With the Kingdom’s financial sector expanding rapidly and a growing demand for banking and ...

http://www.phnompenhpost.com/index.php/2012090758553/Business/acleda-takes-out-10m-loan.html

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