France has agreed to provide $23.5 million in funding for the agriculture and aviation sectors in the Kingdom.
The signing ceremony to provide the funds took place online in the presence of Finance Minister Aun Pornmoniroth, First Secretary of the French Embassy Fabrice Etienne, and Ophelie Bourhis, director of Agence France de development.
Around $23.13 million is for the repair and improvement of irrigation systems relating to the agricultural sector, which were damaged by floods in October, in Battambang and Banteay Meanchey provinces.
The remaining funds will be provided to study and research the renovation of Svay Chek river in Banteay Meanchey province.
During the virtual signing ceremony, Pornmoniroth said that funding for the projects clearly responds to the actual needs of the country. The development and restoration of the country’s economy in the post-Covid-19 period follows the government’s policy and strategy for the development of the country, particularly, the development of the agricultural sector by constructing irrigation systems as stated in “Rectangular Strategy Phase 4”.
In addition, France will provide more than $50,000 in grants to help Cambodia develop its civil aviation sector by improving the environment and security systems of the nation’s airports. It is hoped that will encourage more tourists to travel by air.
On Tuesday, at the headquarters of the State Secretariat of Civil Aviation (SSCA), Minister Mao Havannal signed an agreement with director general of French Civil Aviation (FCA) Damien Caze, and Ophelie Bourhis, director of the Agence Française de Développement (AFD) to provide technical assistance throughout the project.
According to the SSCA, the project aims to strengthen control of the airport environment, and will include training for ground crews and airport medical teams and the improvement of security measures in the airports.