ADB provides $180mn in loans and grants to Cambodia

The Asian Development Bank (ADB) yesterday signed a $180mn package of loans and grants to Cambodia that are meant to improve the country’s roads, water supply and small-scale farms. One $70mn loan will be spent on improving 147-km flood-prone stretches of National Road 1 and National Road 6 in Prey Veng, Siem Reap and Svay Rieng provinces. Another $50mn loan will go towards improving and expanding sewage infrastructure and water treatment plants in the provincial capitals of Battambang, Kampong Cham, Siem Reap, and Sihanoukville. The loan was accompanied by a $10mn grant from the Japanese government to build an energy-efficient wastewater treatment plant in Battambang province. The third project—comprising a $45.7mn loan and $4.3mn grant—will go toward increasing the productivity of smallholder farmers in provinces in the Tonle Sap river basin. (Source: Phnom Penh Post)