Tour companies apply for US $ 80 million loan from the Royal Government to continue their business

For almost eight months now, tour companies have been in a state of disrepair as the COVID-19 continues to linger. In order to support the business and prepare for the future, about 70% of the 600 tour companies request or want the Royal Government to drop their loans at a low interest rate of two years.

Chhay Sivlin, president of the Cambodian Association of Travel Agents, said on August 28 that what we see in you Tourism is now in crisis: they are deteriorating due to the prolongation of COVID-19. She said that in the past, tour companies were able to cope, but today, COVID-19 disease continues to linger. This makes it difficult for them to support the business.

In addition, they must be prepared to continue doing business when COVID-19 is no longer available in the world. While striving to stabilize the business and get ready to operate again when COVID-19 is no longer an issue. They also needs support or help from the government. So far, we have seen the Royal Government intervene in the fifth round. However, in the field of tourism, we are in need of additional assistance.Because they could not get a loan from a financial institution, it is known that tourism is facing such a crisis, they no longer help.

She emphasized that"In this context, the government should have some money to share with the tour companies to get them loans at low interest rates, because some neighboring countries have already done so.Travel companies need to keep them, because they are the ones who are influential in creating tour packages and promotions tourism from abroad come to Cambodia.They are designers on different tours, so we have to keep them from turning to other occupations. ”

She stressed, "In this sense, I request the Royal Government to share some of the budget for the loan to the tour company can solve or resist to solve the problem for a while. The estimated or estimated budget is $ 80 million borrowed over two years."(This news came from Koh Santepheap.com)