Continuous Funding Needs

April 7, 2022

In my capacity as Chairman of the ACLEDA-Jardines Education Foundation ("AJF"), it is my honour and pleasure to inform you that we have now commenced work to build two more school building in remote, under privileged areas of Cambodia. In October 2021, the Board of Directors of AJF have allocated funds and approved the building of next two more primary school buildings for our 2022 project.

The two buildings are being constructed to a design approved by the Ministry Of Education, Youth and Sport (MEYS) to meet their exacting requirements. The MEYS is engaged throughout the process to ensure the governments long term support for the school facility and the provision of appropriate teaching staff, teaching materials and all other required teaching software.

The next two school buildings are located in Oddor Meanchey and Pheah Vihear provinces. These locations were chosen in consultation with all the ACLEDA Bank's branches throughout Cambodia, local authorities and MEYS.

These school buildings will be constructed of concrete, steel and bricks and replace existing inadequate wooden and shelters. Each new school building has five classrooms with sanitary facilities and will be equipped with standard school furniture in accordance with the design and functionality specified by the MEYS. Each 5 class-room school is designed to accommodate 100 students and is sized for the needs of the local community as agreed with the authorities and MEYS.

The funding required for each primary school building of this size and government specification is about US$75,000 (Seventy Five Thousand USD). The final price for each school will depend on location, labour and logistics costs for construction manpower and materials.

The AJF currently has already built 06 (six) school buildings from late 2018 to late 2021 of which were 02 in Oddor Meanchey province, and each in Ratanak Kiri, Preah Vihear, Mondul Kiri and Steung Treng provines. The construction projects are being managed, supervised and monitored by a team of experienced and professional engineers of ACLEDA Bank Plc. By this methodology the AJF ensures that each US$ spent by the foundation is used to build the schools and achieve the ultimate objective of giving ALL the children of Cambodia a chance of an education.

Below are some photographs of school buildings in the remote rural areas of Cambodia that the AJF have identified to be replaced with permanent concrete school structures subject to MEYS approval. As you can see, more schools across rural Cambodia are urgently needed, if you can, please help.

Faithfully yours,

PROM Visoth
Chairman of AJF

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Continuous Funding Needs

1. Oddar Meanchey Province

2. Preah Vihear Province

3. Stung Treng Province

4. Ratana Kiri Province

5. Mondul Kiri Province