France Provides US$47.7 Million to Support Cambodia’s Economic and Social Development

image002The Government of France will provide through the French Development Agency (AFD) some EUR34 million or equivalent to US$44.2 million to support water resource management and irrigation infrastructure investment, and the construction of the second part of a water treatment plant in Phnom Penh.

Of the total fund, a grant of EUR4 million (US$5.2 million) will be used to strengthen the state and non-state actors involved in the management of water and, together with the Asian Development Bank continue the rehabilitation works of about 40 irrigation schemes and Preks, according to a joint press release of the French Embassy and AFD.

The rest is a loan of EUR30 million (US$39 million), which will be used to finance the construction of the second part of Niroth’s water treatment plant, located in the southeastern part of Phnom Penh, said the press release, indicated that one operational, the water treatment plant will be the biggest in Cambodia and shall respond to the increasing needs for drinkable water of the inhabitants of Phnom Penh city and conurbation by 2020.

AFD will also provide EUR2.7 million (US$3.5 million) to support the Instituts Pasteur in Cambodia, Laos and Vietnam for medical research on emerging diseases (dengue fever and chikungunya) in Southeast Asia, it added.

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