Neda halts all new projects in Cambodia

Following the deadly Thailand-Cambodia border skirmishes, the Neighbouring Countries Economic Development Cooperation Agency (Neda), a public organisation under the Finance Ministry, has halted all new aid investment projects in Cambodia.

- WICHIT CHANTANUSORNSIRI

According to a source from Neda who requested anonymity, no ongoing financial aid projects in Cambodia are currently under construction. One new project that has investment plans will be postponed following the clashes, the source said.

This latest investment project offered assistance to the Cambodian government to construct Road R67, and was in the contractor selection process prior to the postponement. This route connects Si Sa Ket province in Thailand with Siem Reap in Cambodia.

Although the project has already been approved, Neda paused funding until the situation improves.