Logo of Phnom Penh Post newspaper Phnom Penh Post - Cambodia to receive $3.45m to diversify

Cambodia to receive $3.45m to diversify

Cambodia to receive $3.45m to diversify

The Asian Development Bank (ADB) announced Wednesday that Cambodia will receive a US$3.45 million technical assistance grant aimed at boosting the skills and incomes of people living in and around the Tonle Sap basin.

The money is to be used to help low-income groups in the area to diversify their vocational skills with the help of training programmes, demonstrations on modern farming techniques and Internet-based communication facilities, ADB said.

"The technical assistance will helpdiversify and improve the incomes of small land holders, marginal farmers and poor households in the Tonle Sap basin by increasing their access to good agricultural practices, technologies and information," Giap Minh Bui, rural development economist in ADB's Southeast Asia Department, said in a statement released Wednesday.

The Finnish government is providing the lion's share of the money - $2.7 million - with the Republic of Korea e-Asia and Knowledge Partnership Fund offering $500,000. The ADB, which will manage the funds, will give a $250,000 grant and the government will make up the remaining $200,000, ADB said.

The money will be used in four provinces around the lake - Banteay Meanchey, Kampong Cham, Kampong Thom and Siem Reap.

ADB said that the project will include a pilot communication project using Internet linked e-kiosks to provide up-to-date information on agricultural practices to be passed on to locals.

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