Council for Growth of Cambodia launches funding web site for agri-food sector
The web site of the Agri-food Funding Desk (AFID) on the Council for the Growth of Cambodia (CDC) launched together with promotional movies on July 15 to showcase the achievements of Cambodia-Australia cooperation in selling agricultural investments in Cambodia.
The occasion was organized by the CDC in collaboration with the Ministry of Agriculture, Forestry and Fisheries and the Cambodia-Australia Agricultural Worth Chain programme (CAVAC) with assist from the Australian Division of International Affairs and Commerce (DFAT), in line with the June 15 press assertion.
It was presided over by Minister of Agriculture, Forestry and Fisheries Veng Sokhon and Minister connected to the prime minister and secretary-general of the CDC Sok Chenda Sophea together with Australian ambassador to Cambodia Pablo Kang and greater than 140 different members together with members of the diplomatic corps and representatives from different ministries and establishments in addition to from the non-public sector.
The programme is a sworn statement reflecting the fruitful achievement of the cooperation between Cambodia and Australia on accelerating actions to advertise investments within the agri-food sector as a precedence to contribute to meals safety, poverty discount by jobs creation, and the promotion of financial progress and environmental sustainability, the assertion mentioned.
“The AFID’s web site and the promotional movies will contribute to boosting investments and enhancing the event of the agri-food sector, in addition to bettering the competitiveness within the agricultural sector.
“The operation of the AFID on the CDC will assist strengthen Cambodia’s agri-food sector to change into extra resilient by the diversification of sources and funding format by adopting know-how and innovation on this sector, whereas creating greater value-added employment for Cambodians,” mentioned the press assertion.
The CDC’s secretary-general Chenda Sophea expressed his profound gratitude to all stakeholders for his or her help and cooperation in bringing to life the AFID on the CDC.
He mentioned this web site is a one cease portal that may present info and help to traders on the way to reap the benefits of the distinctive untapped alternatives of Cambodia’s agricultural sources and furthermore on the way to profit from the engaging incentives from the Regulation on Funding.
Chenda Sophea mentioned that the CDC’s devoted workforce will accompany and information traders each step of the best way to make sure speedy returns on investments and assist the betterment of farmers’ and their households’ lives.
Australian ambassador Pablo Kang affirmed that his authorities was dedicated to supporting Cambodia’s financial improvement course of, particularly by rising productiveness within the agricultural sector by collectively selling funding within the agri-food sector.
“This official launch of the AFID’s web site at CDC and the promotional movies are new achievements and testimonials of Australia’s contributions and complementarity to the Royal Authorities of Cambodia’s efforts in selling, attracting and retaining investments within the agriculture, agribusiness and agri-food sector,” Kang mentioned as quoted within the press assertion.
Agriculture minister Sakhon mentioned he appreciated the efforts of Cambodia’s improvement companions and extremely counseled them for the superb collaboration, notably by the CDC and the Australian embassy which supplied each technical and monetary assist to advertise investments within the agriculture and agro-industry sectors in Cambodia.
He additionally congratulated and totally supported the official launching of the AFID’s web site on the CDC and its promotional movies.
Chenda Sophea additionally praised the Australian embassy for his or her position in offering technical help to speed up the restoration of the Cambodian financial system within the post-Covid-19 new regular.
He additionally acknowledged that the core position of the CDC in selling, facilitating, and incentivizing investments, in addition to offering funding aftercare providers was in-line with the spirit of the Regulation on Funding of the Kingdom of Cambodia, which was promulgated in 2021.
In June of this yr, the CDC accredited some 400 funding initiatives within the agriculture, agro-industry and meals processing sector with funding capital of about $10.33 billion, in line with the CDC.
The AFID’s web site might be accessed at https://afid.cdc.gov.kh/