Search form

Login - Register | FOLLOW US ON

Logo of Phnom Penh Post newspaper Phnom Penh Post - ADB gives millions in flood aid

ADB gives millions in flood aid

The Asian Development Bank yesterday announced a pledge of nearly $82 million in financing to Cambodia to help with recovery after last year’s floods, and to strengthen infrastructure to mitigate the impacts of future extreme weather.

According to the ADB, the $81.7 million – which includes a $6.7 million grant from the Australian government – will go towards rebuilding nearly 400 kilometres of roads, three bridges and nine irrigation plants in six provinces, with construction to wrap up in 2017.

“Reconstruction of critical infrastructure will help restore livelihoods by re-establishing access to markets and social services and increasing agricultural production,” Eric Sidgwick, ADB country director for Cambodia, said in the statement.

Earlier this month, Cambodia’s National Committee for Disaster Management revised down its estimated cost for flood-related repairs to $356 million from $500 million. Flooding last year affected 20 provinces, killing 168 people.

0

Comments

Please, login or register to post a comment

Latest Video

‘Why hold a trial if you’re not going to summon the accused?’

Cambodia National Rescue Party supporters gathered outside the Appeal Court in Phnom Penh early this morning in support of imprisoned party leader Kem Sokha.

Behind the scenes of the princess's ballet

Post Weekend in collaboration with Le Petit Journal - Cambodge got an exclusive look behind the scenes of the Royal Ballet of Cambodia, as they travelled to Hong Kong for their debut in the ci