ADB’s Assistance To Cambodia Nears 2.9 Bln

0
1011

The Asian Development Bank (ADB) has committed over $2.8 billion in lending, grants, and technical assistance to Cambodia since 1966, making it the country’s largest multilateral development partner.

Agriculture is one of the main areas of focus of ADB’s work in Cambodia. KT/Mai Vireak

The development bank issued a report yesterday that puts its total contribution to Cambodia at $2.86 billion over the last 52 years.

In September 2017, ADB issued its country operations business plan 2018–2020 for Cambodia, which focuses on improving livelihoods and employment in rural areas, investing in national, provincial, and rural roads, as well as climate-resilient infrastructure in provincial and border towns.

The bank’s strategy for the next three years also seeks to improve access to secondary education while narrowing the skills gap. Supporting the implementation of the government’s public financial management and decentralization reform programmes are also its priorities.

This article was originally published in the Khmer Times.