Germany Provides USD 3.12m for Cambodia’s Demining Operations in Two Provinces

Germany has granted USD 3.12 million to support Cambodia’s demining operations in Banteay Meanchey and Oddar Meanchey provinces. The funds, allocated through the Norwegian People’s Aid (NPA), were announced during a meeting on 4 September 2024 between HE Heng Ratana, head of CMAC, and Mr Hans Risser, NPA President in Cambodia.

The grant, covering a two-year period from September 2024 to August 2026, aims to enhance Cambodia’s ongoing efforts to clear mines and restore safe land for development.

Germany’s commitment to assisting Cambodia’s demining efforts reflects its dedication to humanitarian causes in the region. The Federal Republic of Germany’s decision to support CMAC with a total budget of USD 3,120,000 marks a significant step forward in mine clearance, according to Mr Hans Risser during the meeting.

Cambodia has a long history of receiving international assistance for mine clearance, with other organizations like the Halo Trust contributing significantly over the years.

Since 1991, Halo Trust has cleared over 511 square kilometres of mine-contaminated land in Cambodia, a testament to the ongoing global efforts to ensure a mine-free future for the country. (Read more)

- Video Advertisement -

Related Post

France Grants USD 192.2 Million in Cambodia’s Water Infrastructure

The French government has committed USD 192.2 million to enhance Cambodia’s water infrastructure, focusing on the restoration of the Stung Svay Chek reservoir and the third phase of the Bak Kheng water treatment plant. The agreement was signed on December 18, 2024, by Cambodia’s Minister of Economy and Finance, Aun Pornmoniroth, along with representatives from […]

Cambodia Raises USD 70 Million Through Government Bonds in Nine Months of 2024

In nine months, the Cambodian government raised approximately USD 70 million through the sale of government bonds to domestic investors in the first nine months of 2024. This achievement, which represents 65% of the legally allowed issuance limit of 440 billion riels, underscores the country’s commitment to strengthening its domestic funding mechanisms and reducing reliance […]

Japan Commits USD 900K to Restore Bayon Temple, Enhancing Cambodia’s Cultural Legacy

To boost Cambodia’s cultural heritage preservation efforts, the Japanese government has pledged an additional grant of USD 900K for the Bayon Temple Preservation and Restoration Project. This funding will support a vital three-year initiative, running from 2025 to 2028, aimed at revitalising the iconic UNESCO World Heritage site. The announcement was made on 13 December […]

Hong Kong and Macau Plan Electric Motorcycle Assembly Plant in Cambodia, Boosting Green Transport Future

Investors from Hong Kong and Macau, China, have announced plans to establish an electric motorcycle assembly plant in Cambodia, a move poised to accelerate the country’s transition to eco-friendly transportation. The ambitious project was unveiled during a meeting on 13 December 2024 between HE Chea Vuthy, Secretary General of the Cambodian Investment Committee, and Mr […]

Cambodia Faces Mounting Debt Challenges in the Real Estate Sector

The real estate sector in Cambodia is grappling with mounting financial concerns, as total housing debt nears USD 1 billion, according to insights shared during the recent roundtable discussion, The Debt Situation in Cambodia, organised by the Real Estate and Mortgage Regulatory Authority. Mr Chou Vannak, Director General of the authority, revealed that homebuyers owe […]

In Nine Months Cambodia Secures Over USD 1 Billion in Credit Agreements to Drive National Development

Cambodia’s government has signed new credit agreements totalling USD 1.07 billion in the first nine months of 2024, representing a 7% increase compared to the same period last year. These funds are aimed at supporting key development priorities, including infrastructure and economic productivity. This progress was detailed in a Ministry of Economy and Finance report […]