The Government of the Kingdom of Cambodia (GKC) has received a loan from the Asian Infrastructure Investment Bank (AIIB) to finance the National Restoration of Rural Productive Capacity Project covering five provinces (Pailin, Kampong Chhnang, Tbuong Khmum, Prey Veng and Koh Kong). The Project is being financed under the Bank’s CoVID-19 Crisis Recovery Facility. The Project is designed to maintain and accelerate rural infrastructure spending, create short term employment, generate income, build the capacity of local labour and national contactors to ensure quality infrastructure delivery building on the national standards that have been established with support from other development partners and establish foundations for learning and knowledge sharing among key project stakeholders to scale up rural infrastructure and rural basic service delivery in the future. The Project will also support the GKC communication effort to (i) enhance awareness of targeted rural populations about social distancing; and (ii) build their preparedness and resilience during the aftermath of the COVID-19 pandemic.
The Project is being implemented over a three year period commencing in early 2021and is financed by a loan from AIIB amounting to US$60 million. The Ministry of Rural Development is the Executing Agency.