The European Investment Bank (EIB), the bank of the European Union, will invest €80 million in the Irrigated Agriculture Improvement Project (IAIP) to extend the water supply and irrigation network in several provinces across Cambodia.
- The EIB will invest €80 million in the IAIP project to modernise water supply infrastructure and irrigation systems in rural Cambodia.
- Approximately 200 000 people in five provinces with 51 000 ha of arable land will benefit from the EIB support.
- The EIB will collaborate with the Asian Development Bank, the Royal Government of Cambodia and the European Union to reduce rural poverty and contribute to sustainable agricultural practices and food security.
Read full story
