Logo of Phnom Penh Post newspaper Phnom Penh Post - France gives $91 million for agriculture, climate fight



France gives $91 million for agriculture, climate fight

Content image - Phnom Penh Post
A view of a nearly dried river in Cambodia. Heng Chivoan

France gives $91 million for agriculture, climate fight

The French government, through the French Development Agency (AFD), has provided two credit agreements worth €75 million ($91 million) to Cambodia to support sustainable agricultural and rural development, as well as climate change fight in Cambodia.

In a Facebook post on December 21, the French embassy said the agreements were signed by Cambodian Minister of Economy and Finance Aun Pornmoniroth, French ambassador to Cambodia Eva Nguyen Binh and AFD Cambodia director Ophelie Bourhis.

The grants are for the Rural Infrastructure Development for Cambodia (RID4CAM) and Agriculture Value Chain Competitiveness and Safety Enhancement (ACSEP) projects.

The French embassy has confirmed that the RID4CAM project provides for the improvement of basic services for rural people and contributes to connecting remote areas.

The ACSEP project will facilitate the agricultural sector by supporting some potential sectors such as cashew nuts, mangoes and poultry.

Minister of Agriculture, Forestry and Fisheries Veng Sakhon told The Post on December 22 that the ACSEP project, which has a budget of $30 million, is co-financed by the Asian Development Bank (ADB).

“One project focuses on the construction of rural roads. The other is for the development of some high-value crops such as cassava, cashew, vegetables and rubber,” he said.

And a $60 million grant will be spent on the RID4CAM project, which is still under the research stage and will focus on vegeculture to boost animal feed production in Cambodia.

“We see that the demand for animal feed in Cambodia is growing. There is [also the need of feed] supply to both fish and livestock feeding in Cambodia, and also focus on high-value farming such as vegetables and other things that is needed in today’s market,” he said.

MOST VIEWED

  • Cambodia on the verge of national tragedy, WHO warns

    The World Health Organisation (WHO) in Cambodia warned that the country had reached another critical point amid a sudden, huge surge in community transmission cases and deaths. “We stand on the brink of a national tragedy because of Covid-19. Despite our best efforts, we are

  • Phnom Penh curfew starts today

    A two-week curfew from 8pm to 5am starts today in Phnom Penh, a day after a sub-decree detailing administrative measures to contain Covid-19 was issued by Prime Minister Hun Sen. “Travelling in Phnom Penh is temporally banned between 8pm and 5am,” said Phnom Penh governor

  • Phnom Penh placed in two-week lockdown

    The government has decided to place Phnom Penh in lockdown for two weeks, effective April 14 midnight through April 28, as Cambodia continues to grapple with the ongoing community outbreak of Covid-19, which has seen no sign of subsiding. According to a directive signed by Prime Minister

  • Vaccination open to foreigners in Cambodia

    The Ministry of Health on April 8 issued an announcement on Covid-19 vaccination for foreigners residing and working in Cambodia, directing the Ministry of Labour and Vocational Training and local authorities to register them. Health minister Mam Bun Heng, who is also head of the inter-ministerial

  • Cambodia gears up for muted New Year festival

    The recent curfew and restrictions imposed in the capital and other Covid-19 hotspots were intended to break the chain of transmission, Ministry of Health spokeswoman Or Vandine said as municipal and provincial authorities issued new directives banning certain activities during the upcoming Khmer New Year

  • Culture ministry: Take Tuol Sleng photos down, or else

    The Ministry of Culture and Fine Arts has told Irish photographer Matt Loughrey to take down the photos of Khmer Rouge victims at Tuol Sleng Genocidal Museum which he allegedly colourised and altered to show them smiling. The ministry said Loughrey's work is unacceptable, affecting