Cambodia to Receive US$64 million in Economic Recovery Aid from Australia

• 19 August 2021
• Local News
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The Australian Government has decided to provide Cambodia with AU$90 million (equivalent to US$64 million) economic recovery aid along with technical assistance for the next five years.

This is according to a meeting between Minister of Economy and Finance HE Aun Porn Moniroth and Australian Ambassador to Cambodia Pablo Kang on Wednesday 18 August.

The budget will be used for ongoing infrastructure development projects such as the Mekong-Australia Partnership, the Mekong-Australia Center for Water and Irrigation, the Partnership for Infrastructure (P4I), among other agro-food investments.

Besides, another part of the budget will be also used for a study to establish of the agro-industrial park in Cambodia.

HE Aun Porn Moniroth said that Australia’s financial and technical assistance will largely contribute to the recovery of the kingdom’s economy and more importantly support key sectors affected by the COVID-19 crisis.

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