November 03, 2010
Source: Xinhua
The World Bank has approved 40 million U.S. dollars in grant and credit to Cambodia to help restore the losses and damage from the typhoon Ketsana in Cambodia.
In a statement released Wednesday by the World Bank Office in Cambodia, it said the grant and credit will be used in the form of the Ketsana Emergency Reconstruction and Rehabilitation Project ( KERRP) aimed to restore transportation and water and sanitation services to the affected people who are mostly poor and live in the rural areas, as well as to strengthen the capacity of the government in disaster preparedness and management.
"Typhoon Ketsana devastated the lives and livelihood of tens of thousands of Cambodian people, particularly the poor," said the World Bank Country Manager for Cambodia, Qimiao Fan.
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