The EU, Germany and France will invest US$116 million to develop rural infrastructure in the Kingdom. - THe Phnom Penh Post/Asian News Network
PHNOM PENH, De. 27 (Xinhua): The European Union, Germany and France has earlier this week provided a credit agreement worth 95.8 million euros (US$116 million) to Cambodia to support the Rural Infrastructure Development for Cambodia (RID4CAM) project, said a joint press statement recently.
In Cambodia, where 70 per cent of the population lives in rural areas, the project aims to finance both the improvement of rural road network in the country's central plain provinces and the construction of complementary infrastructure in drinking water and sanitation, agriculture, health and education sectors, the statement said.
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