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Friday, June 14, 2013

South Korea to Provide US$ 17.1 Million for Development of 3 Projects in Cambodia in 2013

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Phnom Penh (KOICA, June 3, 2013): The government of South Korea has agreed to provide its ODA Grant Aid of up to seventeen million one hundred thousand US dollars (US$ 17, 100,000) to the Royal Government of Cambodia for the purpose of contributing to the implementation of the three (3) projects.
Those three (3) projects were a) Project for Improving the Functions of the Cambodia-Korea Friendship Building at the National Pediatric Hospital; (b) Project for the Establishment of the Civil Aviation Training Center (CATC) in Cambodia; and (c) Project for Developing Technical Education at Upper Secondary Level.
The Framework Arrangement on Grant Aid for the year 2013 was signed by H.E. Mr. Long Visalo, Secretary of State of the Ministry of Foreign Affairs and International Cooperation, and H.E. Mr. Kim Han Soo, Ambassador Extraordinary and Plenipotentiary of the Republic of Korea to Kingdom of Cambodia, on Monday, June 03, 2013 at 09:00 am at the Ministry of Foreign Affairs and International Cooperation.
“Project for Improving the Functions of the Cambodia-Korea Friendship Building at the National Pediatric Hospital” was designed (1) to enhance the NICU (Neonatal Intensive Care Unit) functions at Cambodia-Korea Friendship Building in alignment with HSP2 of the Royal Government of Cambodia on improving of Healthcare Service Delivery, (2) to improve the capacity of medical services in National Pediatric Hospital by renovating and expanding Cambodia-Korea Friendship Building and through the training of doctors and nurses, and (3) to strengthen the public health sector of Cambodia by sharing knowledge and practices from Korean experts..
Regarding the objectives of “Project for the Establishment of the Civil Aviation Training Center (CATC) in Cambodia” were (1) to contribute to the sustainable socioeconomic development of the Royal Government of Cambodia through the establishment of the Civil Aviation Training Center and related capacity building programs to ensure safe, secure, efficient, quality and cost-effective international and domestic air transportation services in keeping with international standards, (2) to help improve the quality and quantity of human resources and institutional capabilities for the effective management of Civil Aviation Sector in the Kingdom of Cambodia.
While the objective of “Project for Developing Technical Education at Upper Secondary Level” was aimed at introducing technical education at upper secondary level education in Cambodia by establishing a master plan with detailed action plans. The project will ultimately contribute to building young skilled male and female workforce that meets local labor market needs. It will also help young population find better employment opportunities by providing them with suitable skills. 
Please be reminded that the annual volume of KOICA’s grant aid to Cambodia has steadily increased, surpassing 20 million US dollars in 2013. KOICA’s grant aid performance to Cambodia would be approximately 100 million USD from 1991 up to last year, providing 34 projects to Cambodia covering 4 sectoral priorities including Education, Health, Infrastructure, and Agriculture & Rural Development. Furthermore, KOICA has strengthened focused efforts to work together for the socio-economic development of Cambodia in harmony with its rectangular strategy and NSDP for the enhancement of Development Effectiveness.  /End/

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