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Thursday, January 23, 2014

AFD Continues to Provide Fund of 359 Million USD for Three Big Sectors from 2014-2016 to Cambodia

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AFD continues to implement development project in Cambodia for the year 2014-2016 by focusing on three big sectors, Mr. Gregory Clemente, Director of French Development Agency (AFD) for Asia Department, said in a meeting with H.E. Aun Pon Moniroth, Minister of Economy and Finance. The project worth of 359 million USD (grant amount of approximately 14 million USD, credit concession worth of 160 million USD and credit guarantee from the state worth of 180 million USD). The project will be focused on the implementation of three big sectors including agriculture sector (rubber plantation and irrigation), infrastructure sector (rural road) and vocational training (tourism skill and other skills). (Kampuchea Tmey, 24 January 2014)

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