World Bank to grants $10mn to enhance Cambodian economic
03 Jun '05
4 min read
Export Market Access Fund (EMAF). The project will create a $1.6 million matching grant fund that exporters can use to cover half of the cost of developing new export markets, and particularly on achieving market standards required to export. The Ministry of Commerce's Department of Export Promotion will manage this.
“The project comes at an important time,” said Senior Minister Keat Chhon. “The challenge of ensuring increasing growth and employment could not be more urgent for the garment sector and for the rest of the economy. We are committed to full and successful implementation through the Private Sector Development Steering Committee, and through careful collaboration of all of our agencies.”
“We feel particularly proud that the Government has worked with a number of donors in an integrated way on reaching these objectives,” said Nisha Agrawal, Country Manager for the World Bank in Cambodia.
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.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
