KOICA Vice President Pays Courtesy Call on Secretary General of CRDB/CDC

H.E. Chhieng Yanara, Minister Attached to the Prime Minister and Secretary General of Cambodian Rehabilitation and Development Board of the Council for the Development of Cambodia (CRDB/CDC) received visiting Ms. Baek Sook-Hee, Vice President of the Korea International Cooperation Agency (KOICA) at the Palais du Gouvernement (CDC), Phnom Penh on Mar. 15.

According to a KOICA's press release, in the meeting, H.E. Chhieng Yannara and Ms. Baek Sook-Hee discussed the KOICA's development cooperation activities and KOICA's grant aid to Cambodia as well as exchanged views on the development cooperation and partnership between both countries.

Both sides shared views on Korea's New Southern Policy and expected influence in Cambodia, the context of Rectangular Strategy Phase 4 and its priorities for Cambodia's social and economic development in the next five years and the areas and programmes that would be the priorities for CDC, and the practices and cases that should be improved or changed from Korean side for the effectiveness of Official Development Assistance (ODA) in Cambodia.

H.E. Chhieng Yanara expressed sincere gratitude to the Government of the Republic of Korea (RoK) and Korean people for providing the invaluable assistance to support the Royal Government's efforts towards achieving its socio-economic development goals and poverty reduction.

The CRDB/CDC secretary general mentioned that the RoK has maintained a good relationship with Cambodia for almost two decades, providing long-term financial and technical cooperation. The RoK's support for Cambodia was increased almost double in the last five years. He also raised that RoK as one of our major development partners continues to keep its high level of support, as well as the commitment to have at least 40 percent of its assistance to Cambodia in the form of grants.

H.E. Chhieng Yanara highlighted that the current Country Partnership Strategy (CPS) is still relevant and a priority for Cambodia even beyond 2020. He is also mentioned the strengthening collaboration between KOICA, Embassy of Korea and relevant institutions for better coordination. In the review of CPS for the next five years 2021-2025, he suggested the Korean side focus on the digital economy, competiveness, skill labours and links to the private sector and look at how RoK can support these sectors. He informed the meeting that the RGC has established the National Entrepreneurship Centre and it will be operational next year.

For her part, Ms. Baek Sook-Hee introduced New Southern Policy to ASEAN regions aiming at strengthening collaboration with ASEAN members, including Cambodia. She also underlined that Cambodia is an important partner country.

Cambodia ranked the 3rd large recipient country of KOICA's grant aid. Therefore, KOICA has been a proud partner of the Cambodian government and the Cambodian people for the last two decades. She also expressed her appreciation for the existing cooperation between KOICA and Cambodia, and informed H.E. Chhieng Yanara that KOICA pledged to do its best to push for the implementation of more new projects for Cambodia.

Source: Agency Kampuchea Press