The Tourism Recovery Co-Financing Scheme (TRCS) is a part of the support for the implementation of the " Strategic Framework and Program for Economic Recovery in the context of Living with Covid-19 in the New Normal 2021-2023".
To promote tourism recovery, the Royal Government has decided to implement this scheme to address the lack of financing support for tourism-related businesses.
TRCS will support: (a) re-operating the business, (b) improving and modernizing, and (c) strengthening and diversifying tourism services to prepare for national and international tourists in the post-covid-19 crisis.
TRCS's coverage sector: (1) Hotels, (2) Guesthouses, (3) Restaurants, (4) Supply of products and services supporting tourism sector.
To promote tourism recovery, the Royal Government has decided to implement this scheme to address the lack of financing support for tourism-related businesses.
TRCS will support: (a) re-operating the business, (b) improving and modernizing, and (c) strengthening and diversifying tourism services to prepare for national and international tourists in the post-covid-19 crisis.
TRCS's coverage sector: (1) Hotels, (2) Guesthouses, (3) Restaurants, (4) Supply of products and services supporting tourism sector.
Features
Financing Size : | Up to 2,400 million Riels or 600,000 US Dollars |
Purpose : | Capital Expenditure or Working Capital |
Financing Term : | Up to 8 years |
Currency : | KHR and USD |
Interest Rate : | 6.50% p.a |