Logo of Phnom Penh Post newspaper Phnom Penh Post - Australia provides $65M for development in Cambodia

Australia provides $65M for development in Cambodia

Content image - Phnom Penh Post
The announcement was made via video link between finance minister Aun Pornmoniroth (bottom left) and Australian ambassador Pablo Kang (top left). AUSTRALIA EMBASSY

Australia provides $65M for development in Cambodia

The Australian government announced an aid package of approximately $65 million to Cambodia for its five-year development programme.

The announcement was made via video conference between Minister of Economy and Finance Aun Pornmoniroth and Australian ambassador to Cambodia Pablo Kang on August 18, according to the finance ministry’s press statement.

Pornmoniroth thanked Australia for its continued technical and financial support for Cambodia’s development in many areas, especially agriculture, through the Cambodia Agriculture Value Chain Programme Phase 1 and 2, which focuses on the restoration and construction of irrigation systems, the promotion of agricultural trade and building agricultural resilience.

Kang told Pornmoniroth about the progress being made on projects supported by the Australian government, such as the Mekong-Australia Partnership, and the Mekong-Australia Centre for Water and Irrigation, Partnership for Infrastructure (P4I) and agro-food investment.

He also mentioned assistance to Cambodia in a number of other areas, such as the pre-achievement study on the establishment of agro-industrial parks, sprouting knowledge programme and support for Cambodia as it chairs the upcoming ASEAN Summit.

“Additionally, ambassador Kang informed [Pornmoniroth] about the development programme for the next five years with an estimated budget of 90 million Australian dollars [$65 million] and key priorities that will be focused on in the next phase,” the ministry said.

Pornmoniroth said the government’s top priority is to stem the spread of Covid-19 and to build Cambodia’s capacity to live with this disease in the medium and long term.

He said the government is preparing for the post-Covid-19 economic recovery by focusing on three key principles: recovery, reform and resilience.

“In this sense, the Australian government’s financial and technical assistance is in line with [Cambodia’s] policy priorities in the context of the Covid-19 outbreak, which will make a significant contribution to the government’s implementation of post Covid-19 economic recovery plans,” he said.

Pornmoniroth also invited Kang to engage in further discussions with relevant ministries, institutions and development partners to ensure that Australia’s development projects are complementary and interconnected with other ongoing efforts.


  • Massive stingrays may live in Mekong’s deep pools

    US scientists have suggested that unexplored deep pools in the Mekong River in an area of Stung Treng could potentially be home to significant populations of giant freshwater stingrays, one of the world’s largest freshwater fish species. This comes as a fisherman hooked a 180

  • PM takes time to meet, greet Cambodians living in the US

    After landing in the US ahead of the ASEAN-US Special Summit, Prime Minister Hun Sen was received by over 1,000 Cambodian-Americans including political analysts who welcomed him with greetings, fist bumps and selfies. Hun Sen also met with analyst Mak Hoeun, who had allegedly spoken ill

  • PM reflects on shoe throwing: Free speech or act of violence?

    Prime Minister Hun Sen on May 17 questioned whether a man who threw a shoe at him while he was in the US was exercising freedom of expression or if it was an act of hostility. Hun Sen was referring to an incident last week when

  • Chinese tourists 2.0 – Coming anytime soon?

    Regional tourism is grappling with the absence of the prolific travellers and big spenders – the Chinese tourists. Cambodia, which has welcomed over two million Chinese tourists before Covid-19, is reeling from the economic loss despite being the first to fully open last November ‘To put

  • Prime Minister Hun Sen warmly welcomed by president Biden

    Prime Minister Hun Sen, as ASEAN chair, and other ASEAN leaders were warmly welcomed by US president Joe Biden as the ASEAN-US summit May 12-13 kicked off today in Washington. “This evening, I welcomed ASEAN leaders to the White House for the first time in

  • Third Makro outlet planned for capital’s Chroy Changvar

    Makro (Cambodia) Co Ltd is set to invest $12.7 million in its third Cambodian outlet, this time in northeast Phnom Penh’s Chroy Changvar district, an area dotted with high-end residential developments, as shopping behaviours continue to evolve in tandem with economic growth. The Cambodian Investment