ADB approves 2 grants to boost tourism, rice production in Cambodia
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E-mail Xinhua, January 31, 2022
The Asian Development Bank (ADB) has approved two grants totaling 7.6 million U.S. dollars to help revive tourism in Cambodia and boost the country's rice quality and production, according to its press release on Monday.
One grant, at 3.7 million dollars, is expected to benefit 4,000 villagers through the Community Based Tourism COVID-19 Recovery Project, which covers the areas near the heritage Temple of Preah Vihear in Preah Vihear province and the Temple of Phnom Da in Takeo province.
The other grant, at 3.9 million dollars, will benefit about 22,000 smallholder rice farmers by providing additional financing for the Climate Resilient Rice Commercialization Sector Development Program in the provinces of Battambang, Kampong Thom, and Prey Veng.
"The first grant will help communities improve tourism infrastructure and customer service, which can attract more tourists and boost the local economy," said ADB acting country director for Cambodia Anthony Gill.
"The second grant will help Cambodia's rice producers increase incomes and climate resilience by addressing logistics and supply chain disruptions caused by COVID-19," he added.
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