T HE Asian Development Bank (ADB) has approved a $20 million loan for Cambodia to
provide training for infrastructure development and health services for the
"The project will help develop basic skills training
needed for physical infrastructure development for its growing service industry
and for the delivery of basic health services in Cambodia," the ADB said in a
"Disadvantaged and displaced people will be equipped with
basic-income skills, and planning and management capacities in technical and
health training will be established," it added.
The project will be
implemented by Cambodia's Ministry of Education, Youth and Sports and the
Ministry of Health.
The interest-free loan will come from the bank's
concessional Asian Development Fund. It can be repaid over 40 years, including a
grace period of ten years and carries an annual service charge of one percent
per annum. - Reuters