ADB Helps Expand Cambodia's Economy

The Asian Development Bank will provide USD22 million to encourage private sector development in Cambodia and help expand the Asian nation’s conventional economic base of garment, tourism, and construction industries. The financial package includes a USD20 million credit to improve the business environment and trade facilitation for private firms and a USD2 million grant for the enhancement of the nation’s sanitary and phytosanitary management. (“ADB Supports Cambodia’s Push to Diversify Economy” - Asian Development Bank, Dec. 5, 2008)