The UN Development Program (UNDP) and China’s Green Leader Holdings Group signed a cost sharing agreement here on Thursday to accelerate inclusive cassava market development in Cambodia.
The deal was inked between Nick Beresford, UNDP country director for Cambodia, and Michael Tse, CEO of Hong Kong-based Green Leader, in the presence of Cambodian Minister of Commerce Pan Sorasak, Economic and Commercial Counsellor of the Chinese Embassy Li An, and Xu Haoliang, UN assistant secretary-general and UNDP regional director for Asia and the Pacific.
Under the agreement, UNDP and Green Leader will contribute 300,000 U.S. dollars and 500,000 U.S. dollars respectively to the three-and-a-half-year project. The UNDP will be the project implementer in Cambodia’s eastern region.
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