Asian Development Bank commits $1.26bn to support Cambodia's economic diversification, human capital development, and climate resilience from 2024-2028.

The Asian Development Bank (ADB) will provide $1.26bn to support Cambodia's government from 2024-2028, focusing on economic diversification, human capital development, and climate resilience. The aim is to accelerate Cambodia's development towards upper-middle income status by 2030 and high-income status by 2050. This commitment was announced during the inauguration of the ADB's new resident mission in Phnom Penh.

June 12, 2024
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