ASPIRE-AT

Promoter – Financial Intermediary

KINGDOM OF CAMBODIA

Location

• Cambodia

Description

The EIB financing will support Cambodia's green recovery, by focusing on strengthening the agricultural value chains and facilitating the agricultural trade. The Bank's support will contribute to improving the agricultural productivity through enabling market infrastructure for producer organisations and strengthening the enabling environment for competitive agricultural value chains, trade, food safety and certification, while attracting private sector engagement in the value chains.

Objectives

The objective of Aspire Agricultural Services for Resilience (ASPIRE-AT) is to make smallholders farmers and rural workers benefit from inclusive and sustainable agriculture sector growth, based on exports and domestic markets. This objective will be achieved by supporting investments in tangible assets and engagement of small and medium-sized agri-enterprises in the value chains, by prioritising those with high potential for growth and exporting opportunities.

Comments

NDICI IW1 Guarantee

Sector(s)

• Agriculture, fisheries, forestry - Agriculture, forestry and fishing
• Transport - Transportation and storage

Under Global Europe NDICI guarantee

Under EFSD+ Guarantee

Proposed EIB finance (Approximate amount)

EUR 60 million

Total cost (Approximate amount)

EUR 147 million

Environmental aspects

The EIB will support the ASPIRE-AT Project ensuring that it complies with the EIB Environmental and Social Standards, which will be include din the applicable financing and implementation guidelines.

Procurement

The Bank will require the Promoter to ensure that the implementation of the Project will be done in accordance with the Bank's Guide to Procurement.

Status

Signed - 20/12/2024