Friday, May 30, 2014

S. Korea provides US$21 mln for four development projects

30 May 2014

South Korea provides US$21 million in grand aid to Cambodia for implementation of four projects in the country.

The grand aid will be signed on June 2 between Cambodia's Foreign Minister Hor Namhong and South Korea's Ambassador to Cambodia, Kim Han-Soo. The four projects are as follows:

1 -Self-supporting rural development project with Saemaul Undong (SMU)'s participatory approach up to amount of US$8 million;

2 -Project for securities market development in Cambodia up to amount US$2.5 million;

3 -Cambodia Health Sector Support Program (HSSP) up to amount US$5 million;

4 -Project for Feasibility Study on Waterway Improvement for Port Logistics Development in Cambodia up to amount US$5.5 million.

Source:
http://thecambodiaherald.com/cambodia/detail/1?page=11&token=MmY4NDM3MDFkYTE

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