ADB Invests About $600,000 to Help Two Women-Led Cambodian Agribusinesses Scale Up

The Asian Development Bank (ADB) has approved a new equity investment totaling US$600,000 for two local agribusiness companies in Cambodia that are led and co-owned by women. The investment aims to support both companies in pursuing and advancing new growth opportunities, while contributing to inclusive and sustainable development in the country.

The investment was made through the ADB Frontier program, an initiative that supports and promotes small and medium-sized enterprises (SMEs) with strong potential for rapid growth. The investment will be allocated to support and expand the potential of two outstanding companies: Seak Piro Enterprise, a prominent Cambodian food-processing company led by women; and Khmer Milky Food (KMF), a local dairy-processing company co-owned by women.

With financial support from ADB, the two agribusiness companies will have greater capacity to expand their production operations and strengthen domestic value chains so they can better respond to market demand. A major benefit for society is that the investment will help create many new jobs for Cambodians, contributing to stronger household and national economies that are more resilient and sustainable.