Cambodia to receive additional $965 million from Asian Development Bank

The Asian Development Bank (ADB) will provide $965 million in funding to Cambodia for the development of key priority areas. Vongsey Visoth, Minister Delegate to the Prime Minister and Permanent Secretary of the Ministry of Economy, met with a delegation from the Executive Board of the Asian Development Bank. The ADB Executive Board Delegation’s visit to Cambodia began on May 24 and will end in May 30. The visit aims to examine and explore opportunities and challenges in Cambodia and the region as a whole. Secretary Visoth thanked the ADB for providing assistance to Cambodia and for the progress in implementing the partnership strategy of the Development of Cambodia 2019-2023 in collaboration with the drafting of the Development Project / Program and Technical Assistance 2023-2025. Under the framework, Cambodia will receive $965 million from ADB which will be used to promote development in Cambodia’s key priority areas. This article was first published in Khmer Times. All contents and images are copyright to their respective owners and sources. Khmer Daily