The World Bank has approved a US $ 93 million loan to help Cambodia secure land tenure, access to infrastructure and agricultural services to poor farmers and indigenous communities.
On June 26, 2020, the World Bank issued a statement stating that the Board of Directors approved a $ 93 million loan from the International Development Association (IDA), with a plan to allocate land for social and economic development. LASED III Cambodia covers 71 communities and locations in all provinces except Phnom Penh.
The World Bank's $ 93 million Project (IDA) will enable smallholder farmers and rural communities to access land and natural resources in a sustainable and sustainable way, as this project will reduce poverty. And to promote indigenous land tenure.
World Bank Country Director for Cambodia in Cambodia: UNDP / UNFC Managing Director of the World Bank in Cambodia says Access to land and provision of agricultural services and training to improve agricultural productivity For the rural poor.
The UN-sponsored LASED Phase 3 will continue to assist the government in providing land and land tenure rights to landless and landless families and secure land tenure security for indigenous communities By project target area.
According to a letter from the World Bank, the three-step program for better social and economic development by the project will support rural roads, small-scale irrigation, clean water supply School buildings, in particular, receive assistance for growing crops, including seeds.
In 2018, Phase 1 and 2 projects have supported the development of rural roads, a small irrigation system, a primary school, a health clinic, a planting technique, and a successful allotment of 17,000 hectares of land for housing for the needy. 5,000 families, of whom 3,360 have already had land titles.
Selling land under market price.
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