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Sustainable Assets for Agriculture Markets, Business and Trade Project

The project’s objective is to sustainably increase productivity of rural youth, enterprises and the rural economy, thus contributing to the goal of reduced poverty and enhanced food security.

Low productivity contributes to the increasing income gap between urban and rural areas, outmigration and the persistence of multidimensional poverty. SAAMBAT will contribute to the three strategic objectives (SOs) of the results-based country strategic opportunities programme (COSOP), both directly and through synergies with the Accelerating Inclusive Markets for Smallholders (AIMS) project and the Agriculture Services Programme for Innovation, Resilience and Extension (ASPIRE).

SO1 (poor smallholders enabled to take advantage of market opportunities) will be achieved through improved physical connectivity to markets and capacity development

SO2 (climate resilience) through infrastructure facilities that are climate-resilient

SO3 (improve poor households' access to strengthened rural services) through vocational training for rural youth and digital services.

Status: Ongoing

Country

Cambodia

Approval Date

12 September 2019

Duration

2019 - 2025

Sector

Marketing/Storage/Processing

Total Project Cost

US$ 124.54 million

IFAD Financing

US$ 54.39 million

Co-financiers (International)

European Investment Bank US$ 57.6 million

Co-financiers (Domestic)

National Government US$ 11.28 million

Local Government US$ 1.13 million

Financing terms

Highly Concessional

Project ID

2000002278

Project Contact

Kaushik Barua


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