ADB approves US$93.6mil financing to Cambodia


MANILA: The Asian Development Bank (ADB) on Monday (Sept 2) approved US$93.6 million in loans and grants to improve and expand climate-resilient and inclusive rural water supply, sanitation, and hygiene (WASH) facilities in Cambodia.

The programme, covering 88,000 households in nine provinces, will support government efforts to provide universal access to safely managed water supply services and basic hygiene facilities in rural areas and improve access to safely managed sanitation facilities while addressing affordability, the ADB said in its press release.

The programme includes a $3mil grant to help finance the expansion of WASH facilities in the provinces where poor rural residents face the greatest challenges in accessing safe water, sanitation, and hygiene facilities.

A technical assistance worth $600,000 will strengthen the government's capacity to enact key sector reforms under the programme.

In 2022, access to the safely managed water supply was 29 per cent for the country and even lower at 20 per cent in rural areas, while access to safely managed sanitation was 37 per cent nationally and 34 per cent in rural areas, the ADB said. - Xinhua

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Cambodia , ADB , loans

   

Next In Aseanplus News

Hong Kong’s trade office in Kuala Lumpur to open as early as October, Malaysian envoy says
Hong Kong police confiscate HK$210 million of Ice, biggest seizure of drug on record; Malaysian arrested during raid
Wanted: 60,000 engineers, as Malaysia seeks talent to drive its chip-sector ambitions
Philippines vessel from contested South China Sea shoal returns to port
New Hong Kong crypto scheme could see changes with SFC involvement in OTC rules
US, EU raise alarm over China’s ‘very substantial’ support for Russia in Ukraine war
Hong Kong primed to bring ‘singular and significant value’ to RCEP free-trade pact: John Lee
Hong Kong’s Ocean Park may live-stream panda cubs before highly anticipated public debut
Hong Kong developers act to cut supply chain emissions in construction, building materials
US House approves legislation to restrict tax credits for EVs using Chinese battery technology

Others Also Read