$180 Million ADB Loan to Improve Urban Services in Cambodia
The Asian Development Bank (ADB) has approved a $180 million loan to help three cities in Cambodia improve urban infrastructure and boost economic competitiveness. The Livable Cities Investment Project will help more than 140,000 residents in Bavet, Kampot, and Poipet access better wastewater and solid waste management services. It will help the cities reduce flooding by upgrading their urban stormwater and drainage systems. The project also aims to strengthen the capacity of municipal governments to deliver urban services. ADB’s country partnership strategy for Cambodia 2019–2023 supports economic growth along the Greater Mekong Subregion (GMS) Southern Economic Corridor, where Bavet, Kampot, and Poipet are located. Bavet and Popet are entry points to Viet Nam and Thailand, and the port city Kampot has become a tourism destination. Read more.
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