The Kingdom of Cambodia and the Federal Republic of Germany yesterday signed the 2019 Agreement on Technical Cooperation worth 13.5 million Euros, equivalent to US$14.6 million.
The agreement was signed here by H.E. Chin Bun Sean, Senior Minister in charge of Special Missions and Vice-Chairman of the Council for the Development of Cambodia (CDC), representing the Government of the Kingdom of Cambodia and H.E. Christian Berger, German Ambassador, representing the Government of the Federal Republic of Germany.
According to a CDC’s press release, under the agreement, the German government will provide US$14.6 million in grant aid to support four development projects in Cambodia, including Identification of Poor Households (IDPoor), Social Health Protection, Regional Economic Development, and Study and Expert Fund.
These projects will be implemented by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ Cambodia) in close collaboration with the Royal Government’s ministries/institutions and sub-national administrations, added the same source.
Moreover, in March 2020, the German government also provided a grant financing of 1.5 million Euros to support the Kingdom’s COVID-19 Emergency Response Plan.
From 1994 to 2020, Germany has extended more than US$670 million as technical and finance assistance to Cambodia.
Source: Agency Kampuchea Press