World Bank reaffirms commitment to advancing Cambodia’s clean water sector

 Minister of Industry, Science, Technology, and Innovation (MISTI) Hem Vanndy met with a delegation from the World Bank to discuss enhancing public water utilities and supporting private water operators in Cambodia. He thanked the World Bank for their support, especially in the water sector, which is a key priority for the government. Vanndy outlined plans to develop the water sector, focusing on ensuring universal access to clean water. The World Bank confirmed its commitment to these efforts, including through the WASAC project. Vanndy also discussed challenges faced during the dry season, with plans in place to address water shortages. The partnership aims to promote access to clean water and drive economic development in Cambodia.

Source: Khmer Times (English) 04-07-2024

Link: https://www.khmertimeskh.com/501517698/world-bank-reaffirms-commitment-to-advancing-cambodias-clean-water-sector/

Japan announces $50 million loan to boost investment in Kingdom

Japan has decided to provide an 8 billion yen (about $50 million) ODA loan to Cambodia to improve the investment environment and attract financing from Japanese firms. Japanese Foreign Affairs Minister Yoko Kamikawa made the announcement during a meeting with Prime Minister Hun Manet in Phnom Penh. Kamikawa expressed Japan's willingness to cooperate in developing Sihanoukville Autonomous Port as a logistics hub and providing support for the Phnom Penh City Transmission and Distribution System Expansion Project. Both parties emphasized the importance of collaboration in various sectors, such as water, digital technology, and cybersecurity. The loan will also fund the rehabilitation of sections of National Road 5 to enhance transportation infrastructure and regional connectivity. The discussions aimed to strengthen economic cooperation and attract more Japanese investments in Cambodia.

Source: Phnom Penh Post (English), 08-07-2024

Link: https://www.phnompenhpost.com/business/japan-announces-50-million-loan-to-boost-investment-in-kingdom

Japan to provide $50M for Phnom Penh power project

 The Japanese government will provide eight billion yen ($50 million) in financing for the Phnom Penh City Electricity Transmission and Distribution System Expansion Project in Cambodia. This is part of a larger financial package of over $103 million announced during the recent visit of Kamikawa Yoka, Japan's Minister for Foreign Affairs. The project aims to improve electrical stability in Phnom Penh by upgrading infrastructure and rehabilitating existing facilities. Additionally, Japan has provided grant aid and a loan for other projects in Cambodia, such as human resource development scholarships and improvements to National Road No. 5 connecting Phnom Penh to the Thailand border. During the visit, both countries discussed enhancing their Comprehensive Strategic Partnership and promoting economic ties, including encouraging Japanese investment in Cambodia. Japan also pledged support for Cambodia's social infrastructure development, including water supply and digital security, as well as cooperation in demining efforts. JICA has supported various projects in Cambodia, focusing on people-centric sectors like water supply, education, and healthcare. Japan is a significant investor in Cambodia and a key development partner, demonstrating a strong commitment to bilateral relations.

Source: Khmer Times, 10-07-2024

Link: https://www.khmertimeskh.com/501520191/japan-to-provide-50m-for-phnom-penh-power-project/

Summary of ODA News in Cambodia From November 21 to November 27, 2020

 

 

Sector	Economic
Title	U.S. Provides More Flood Recovery Assistance to Cambodia
Source	Agence Kampuchea Presse (AKP)
Date	November 24, 2020
Link	https://akp.gov.kh/post/detail/222496
Summary	USAID provided US$600,000 in additional humanitarian assistance to support response efforts to severe flooding in Cambodia caused by multiple tropical storms and prolonged torrential rain since early October. With the additional assistance, USAID’s Bureau for Humanitarian Assistance is supporting the UN World Food Programme (WFP) to provide emergency assistance to help 3,725 affected families purchase food. The assistance builds on an initial US$100,000 provided to WFP in the immediate aftermath of the floods to distribute emergency food to more than 2,560 families in the hardest-hit areas of Pursat province. With USAID support, WFP has helped strengthen the national disaster management information system of the Cambodia National Committee for Disaster Management (NCDM), contributed to NCDM’s ability to monitor risks and impacts as the flooding occurred as to quickly mobilise resources to respond in affected areas. Since 2002, USAID has provided nearly US$13 million in disaster response, preparedness, and risk reduction assistance in Cambodia.

World Bank approved $100 million for Cambodia on Climate-resilient road projects

Summary of ODA News in Cambodia

From July 18 to July 24, 2020

Sector	Infrastructure
Title	World Bank approved $100 million for Cambodia on Climate-resilient road projects
Source	Khmer Times
Date	July 18, 2020
Link	https://www.khmertimeskh.com/50746055/world-bank-approved-100-million-for-cambodia-on-climate-resilient-road-projects/
Summary	WB approved a $100 million credit from the International Development Association (IDA) for the Cambodia Road Connectivity Improvement Project.The project will enhance rural communities’ access to critical services, such as health centers, referral hospitals, schools and markets, through the improvement of climate-resilient rural roads. By improving selected sections of national and provincial roads, it will also reduce transportation costs and road disruption risks, helping to facilitate agriculture supply chains and tourism development.The project will also support the Ministry of Public Works and Transport and the Ministry of Rural Development, two implementing agencies, with critical institutional development.This includes developing a resilient rural road financing strategy, supporting road safety improvements, supporting two ministries with implementation of their gender mainstreaming action plans, and managing performance-based contracts for road maintenance to improve infrastructure sustainability.