The Netherlands Grants US$2.1 Million to MRC

The Government of the Netherlands has granted US$2.17 million to the Mekong River Commission (MRC) in support of its MRC Strategic Plan for 2016-2020 including the Flood Management and Mitigation Initial Studies.

The agreement was signed by Dr. Pham Tuan Phan, Chief Executive Officer of the MRC Secretariat and Ms. Karin Roelofs, Head, Cluster Water, Ministry of Foreign Trade and Development Cooperation of the Netherlands.

The grant contributes to the MRC basket fund for the implementation of MRC priorities with one third is earmarked to successfully finalise the Flood Management and Mitigation Initial Studies. The Initial Studies are to demonstrate the formulation of strategic directions to manage existing, future and residual flood risks in selected areas of the Lower Mekong Basin.

"We are glad to welcome the Netherlands back to the MRC as an active development partner after 5 years. The MRC appreciates their support for the MRC flood management and mitigation activities during 2002-2012" said Dr. Pham Tuan Phan.

Through this new funding, the MRC will not only be able to finalise the Initial Studies, but also conduct other works of high priority in the Strategic Plan, he added.

The Netherlands has contributed so far more than US$16 million to the MRC since 1997 for activities related to wetland biodiversity, and flood management and mitigation.

MRC is the intergovernmental body responsible for cooperation on the sustainable management of the Mekong Basin whose members include Cambodia, Lao PDR, Thailand and Viet Nam. It serves as a regional platform for water diplomacy as well as a knowledge hub of water resources management for the sustainable development of the region.

Source: Agency Kampuchea Press