Almost €80 million in EU investment to modernise agricultural sector and to boost farmers' access to domestic and global markets
Colombia, March 17 -- EIB Global - the European Investment Bank's global arm - and the Ministry of Economy and Finance (MEF) of the Kingdom of Cambodia have signed an agreement today for a €15 million EU grant to support the Agriculture Services Programme for an Inclusive Rural Economy and Agricultural Trade (ASPIRE-AT). A key priority for the Cambodian government, ASPIRE-AT aims to modernise the agricultural sector, enhance food security and strengthen export potential. This grant supplements a €60 million loan from EIB Global and €4.5 million of support from the European Union for technical assistance, which will be implemented by the European Investment Bank (EIB). This brings the total of EU-backed investment in the pr...
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