In 2024, Cambodia Signed New Concessional Loans Totaling USD 1.7 Billion
In a significant move to bolster its economic development, the Royal Government of Cambodia (RGC) has secured new concessional loans totaling approximately USD 1,795.84 million from various development partners (DPs). This marks a 2 percent increase from the previous year’s total. According to the latest Cambodia Public Debt Statistical Bulletin released today, the newly signed […]
Japan Invests Over USD 240K in Cambodia’s Clean Water Initiative
In a significant step towards enhancing access to clean water in Cambodia, the Japanese government has allocated over USD 240,000 for the development of a water supply system in the Kampong Khleang commune, located in Siem Reap province. This funding is part of the Kusanagi Grant Agreement, aimed at supporting Small-Scale Human Security Projects. The […]
Chinese Investors Propose Agro-Industrial Park to Boost Cambodia’s Agricultural Sector
In an exciting development for Cambodia’s agricultural sector, a group of 50 Chinese investors has unveiled plans to establish a cutting-edge agro-industrial park dedicated to processing the nation’s bountiful agricultural products. This ambitious proposal, aimed at transforming Cambodia into a key player in the agricultural trade arena, was revealed during a high-level meeting on March […]
Japan Enhances Cambodia’s Development with Significant Aid Package
In a remarkable commitment to bolster socio-economic progress in Cambodia, the Japanese government has announced a generous grant of 404 million yen, which is approximately USD 2.9 million. This funding aims to support a range of important development projects that will positively impact communities throughout Cambodia. The official signing ceremony took place on February 27, […]
Japan Boosts Education and Healthcare in Cambodia with New Grant Aid
In a significant commitment to support Cambodia’s development, the Japanese government has announced a grant aid of over USD 720,000 to enhance early childhood education and improve medical services in the country. The announcement was made during a signing ceremony with a Japanese NGO in Cambodia, attended by key officials, including His Excellency Ueno Atsushi, […]
ADB Announces Ambitious Expansion of Financing to Tackle Regional Challenges
In a significant move to bolster development across the Asia-Pacific region, the Asian Development Bank (ADB) has unveiled plans to increase its annual financing capacity from USD 24 billion in 2024 to an impressive USD 36 billion by 2034. This 50% expansion aims to enhance ADB’s ability to address pressing regional issues and promote sustainable […]