Monday, July 14, 2014

Some US$150 Million Japanese Aid to Cambodia


14 July 2014

Japanese government has provided some US$150 million in aid through Japan International Cooperation Agency (JICA) to Cambodia to implement four development projects.

The aid includes a grant of US$8.5 million for the expansion of lower secondary schools in Phnom Penh, and a soft loan of US$137.8 million for the expansion of electric power transmission and distribution system in Phnom Penh city, the improvement of National Road No. 5 (Prek Kdam-Thlea Ma’am section), and for the rehabilitation of irrigation and drainage system in the provinces of Kampong Speu, Takeo and Kandal (Southwest of Phnom Penh).

The above-said projects are in response to the prior need in education field, energy, water resources and communication as stated in the National Strategic Development Plan 2014-2018 of the royal government.

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