Aid and development
ADB reviews public communications policy
The governments and private stakeholders of Laos, Thailand and Cambodia have now jointly consulted through videoconference, proposals for the Asian Development Bank’s most recent public communications policy review.The Asian Development Bank held the meeting on June 8 welcoming stakeholders including government and private sector counterparts, executing ...
Laos, WB sign up to green growth transition
Ministry of Finance and the World Bank on June 7 signed an agreement for more than 316 billion kip (US$38.6) million in credit to support key policy reforms to maintain the country’s strong economic growth. The agreement expects to benefit more people, especially the poor ...
Hungary to initiate major credit aid for Laos
Laos is expected to receive the biggest ever fixed aid credit programme worth US$160 million from Hungary to develop a food safety system, water management and information technology. The information was revealed during Minister of Foreign Affairs Mr Saleumxay Kommasith and his delegation’s official visit ...
Laos-World Bank launch next 5-year partnership framework
The World Bank Office in Vientiane on May 24 presented the bank’s Partnership Framework for Laos 2017-2021 to stakeholders, together with the findings of the Systematic Country Diagnostic and the launch of the annual publication entitled Lao Economic Monitor. The new partnership framework between Laos and ...
Govt approves Vientiane-Vangvieng expressway corridor, legislation
The government has approved the Vientiane-Vangvieng expressway’s corridor and legislation in a move to boost socio-economic development.The approval was made at the monthly cabinet meeting for May, chaired by Prime Minister Thongloun Sisoulith and attended by the cabinet members. The 113.7-km corridor is part of ...
JICA grants 32b kip for clean agriculture development
The Japan International Cooperation Agency has granted more than 32 billion kip (US$4 million) to the Ministry of Agriculture and Forestry to carry out a brand new clean agriculture development project.The project purposes the supply of clean agriculture (CA) products, which includes organic agriculture and ...
China gives $240m in aid
China has granted $240 million aid to Cambodia under agreements signed by Prime Minister Hun Sen on a state visit to Beijing. Mr Hun Sen and Chinese Prime Minister Li Keqiang signed six deals on Tuesday after a one-hour meeting to discuss ties between the nations. In ...
Less US funding for UXO clearing
The United States has warned Cambodia it may have to shoulder more responsibility for the cost of clearing mines from its territory, ending an era in which Washington has carried the bulk of the cost of removing mines and other explosives after the Vietnam War ...
Quality infrastructure needed to support economic growth
Cambodia sits at a crossroads in the ASEAN region, potentially making it a key part of regional economic development and trade flows, though improved infrastructure and more innovative financing approaches are still needed, infrastructure experts meeting in Phnom Penh said on May 10. Speaking at ...
WB project to provide better sanitation and transportation in central VN
About 1.1 million residents of central coastal cities are expected to benefit from a World Bank project to provide better sanitation services and better transport infrastructure in the region, according to the bank. The funding for the Vietnam Coastal Cities Sustainable Environment Project, worth $236 ...
