The Asian Development Bank (ADB) has approved a $119.16 million financing package to help modernize and improve the climate and disaster resilience of irrigation systems in four provinces in Cambodia, which will help supply water to 43,500 hectares (ha) of farm land benefiting 290,000 people, half of whom women.
The irrigation systems covered by ADB’s assistance, which is comprised of a $117 million loan and a $2.16 million grant from the Asian Development Fund, are Kamping Pouy in Battambang province, Prek Po in Kampong Cham province, Stung Chinit South in Kampong Thom province, and Canal 15 in Takeo province. This will help improve the provinces’ agricultural productivity and contribute to the reduction of rural poverty across the country.
“Agriculture plays a central role in the economic and social life of people in Cambodia, especially those living in rural areas. Boosting agricultural productivity by focusing on the improvement of sector infrastructure such as irrigation systems, which the ADB initiative will focus on, will go a long way to empower people and lift them out of poverty,” said ADB Senior Urban Development Specialist for Southeast Asia Ms. Thuy Trang Dang.
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