Logo of Phnom Penh Post newspaper Phnom Penh Post - ADB Loans $36.8 Million for Water Works and Airport



ADB Loans $36.8 Million for Water Works and Airport

ADB Loans $36.8 Million for Water Works and Airport

T he Asian Development Bank (ADB) has agreed to loan Cambodia $20 to improve Phnom

Penh's water supply and drainage and will provide $16.8 for renovations to Siem Reap

airport before the end of the year.

According to a Nov 5 Reuters report, ADB and Royal Government officials signed the

water works deal recently in Manila and will finalize the airport agreement by late

December.

The loans bring total lending from the ADB to $105 in 1996 making it the biggest

multilateral source of funds to Cambodia.

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