A memorandum of understanding on green growth cooperation between Cambodia and South Korea's Global Green Growth Institute (GGGI) was inked in Phnom Penh on Thursday in a bid to develop Cambodia with the consideration of environmental sustainability.

The MoU was signed by Mok Mareth, Cambodian minister of environment, and the GGGI's Chairman Han Seung-soo, who is also a special envoy of the President of South Korea Lee Myung-bak.

"Through the deal, South Korea will help to build capacity for Cambodian environment officials, provide technical supports and grants to local institutions and mobilize financial supports from donors to implement the roadmap for green growth in Cambodia," Koch Sovath, deputy director general of the Ministry of Environment, said after the signing ceremony.

Cambodia adopted the roadmap for green growth in February last year, aiming at ensuring environmental sustainability for socio- economic development, reducing poverty as well as contributing to the adaption of climate change, he added.

The GGGI was officially launched in March last year by the President of South Korea Lee Myung-bak.