Tuesday, March 06, 2007

ADB dumped $185 mln into the Tonle Sap in the past 3 years

March 06, 2007
ADB provides 185 mln USD for Tonle Sap Initiative programs in Cambodia

The Asian Development Bank (ADB) has provided about 185 million U.S. dollars to various programs for developing the Tonle Sap Lake of Cambodia in the past three years, a local Media reported on Tuesday.

The programs consist of loans, grant aids and aids for technique projects, which are worth about 130 million U.S. dollars, the Kampuchea Thmey Daily said.

The other 55 million U.S. dollars from ADB will be spent for developing and exercising the process of development and management of the Tonle Sap basin, the paper said, adding that this program will also help to reduce poverty for the people who live on and around the Tonle Sap Lake.

Meanwhile, a two-day forum on the Tonle Sap Initiative ended Tuesday with renewed commitment by the Cambodian government to conservation and sustainable development in the Tonle Sap basin, an ADB press release said.

The Tonle Sap Initiative is a suite of programs designed to restore the environment and improve the livelihood of communities in the Tonle Sap Great Lake, the press release said.

The forum was organized by ADB and the Cambodian government and attended by more than 200 people, including representatives from local communities, provincial and national authorities and civil society organizations, it added.

Source: Xinhua

1 comment:

  1. Anonymous2:34 AM

    The great words of Samdech Choun Nath:

    All Khmers, please remember the root and history of our great country
    Our boundary was wide and well known
    Others always thought highly of our race
    And always placed our race as the elders.

    We have great heritage and culture
    Which has spread far and wide in the Far East.
    Religion, arts and education,
    Music, philosophy and strategies are all that we have spread.

    All Khmers, please remember our roots and history
    Which speaks of the grandeur of our great race
    Make up your mind and body and try hard to rebuild
    In order to lift the value of our nation
    To once again rise to the greatness that we once had.

    ReplyDelete