(Phnom Penh): On Wednesday (Oct. 8), Cambodian Foreign Minister Prak Sokhonn and Japanese Ambassador to Cambodia Ueno Atsushi signed the Exchange of Notes and accompanying documents on the extension of the Government of Japan’s Yen Loan, under Official Development Assistance, for the following two projects:

1. JPY 21,526,000,000 (Approximately USD 143.5 million) for the implementation of the Nirodh Water Supply Expansion Project; and

2. JPY 22,911,000,000 (Approximately USD 152.7 million) for the implementation of the Phnom Penh City Transmission and Distribution System Expansion Project (Phase 3).

The continued financial assistance underscores Japan’s steadfast commitment to advancing Cambodia’s socio-economic development, and further strengthens the Comprehensive Strategic Partnership between the two nations.
=FRESH NEWS