​ADB loan | Phnom Penh Post

ADB loan

Business

Publication date
10 December 2008 | 15:00 ICT

Reporter : George McLeod

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The Asian Development Bank has approved a US$43 million assistance

package that will go towards upgrading the banking sector and improving

health and environmental standards, according to a statement. The loan

would include $10.8 for the Ministries of Forestry and Fisheries, Rural

Development and Water Resources to improve water supply and drainage.

The remaining $32.2 million would be to modernise Cambodia’s banking

system and improve administration and expand trade.

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