Cambodia, ADB discuss $30m loan

03 Dec 2018  2196 | Business & Trade Fairs

The Ministry of Tourism has begun discussions with the Asian Development Bank (ADB) over a $30-million loan to fund infrastructure in coastal provinces that would support tourism development.

The government has announced plans to use the money to build two seaports in Preah Sihanouk province – in Sihanoukville and in the island of Koh Rong. The loan will also be used to run a programme on waste management in Kep, the Ministry of Tourism said in a statement.

“The Cambodian government will soon be granted a $30 million concession loan from ADB that will be used to build tourism infrastructure,” the ministry said.

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