SAAMBAT SUSTAINABLE RURAL DEVELOPMENT CAMBODIA

Promoter – Financial Intermediary

MINISTRY OF RURAL DEVELOPMENT - KINGDOM OF CAMBODIA

Location

• Cambodia

Description

The project consists of a framework loan to co-finance the rehabilitation of rural roads under Component 1: value chain infrastructure of the Sustainable Assets for Agricultural Markets, Business and Trade (SAAMBAT) programme in Cambodia. The programme covers the period 2020-2025.

Objectives

SAAMBAT Sustainable Rural Development Cambodia programme seeks to sustainably increase rural connectivity, the productivity of rural youth and the rural economy. The project includes two components: firstly, Value Chain infrastructure including the rehabilitation/construction of rural roads and secondly, skills, technology and enterprise and a project management unit. The EIB will specifically support rural roads infrastructure rehabilitation under component 1.

Sector(s)

• Transport - Transportation and storage

Under ELM Guarantee

This operation is covered by the ELM Guarantee.

Proposed EIB finance (Approximate amount)

EUR 79 million

Total cost (Approximate amount)

EUR 104 million

Environmental aspects

The EIB will support the SAAMBAT programme ensuring that it complies with EIB Climate Strategy and Environmental and Social Standards, which will be included in the applicable financing and implementation guidelines.

Procurement

The Bank will require the Promoter to ensure that the implementation of the project will be done in accordance with the Bank's Guide to Procurement.

Status

Signed - 23/12/2019