Saturday, 29 March 2008

Japan provides 36 million USD to Cambodia

Trading Markets
Friday, March 28, 2008

Phnom Penh, Mar 28, 2008 (Asia Pulse Data Source via COMTEX) -- -- ? Japan has pledged to provide a loan worth 3,651 million JPY (36 million USD) to build a special economic zone in Sihanoukville, Cambodia.

Under an agreement signed in Phnom Penh on March 27, aid will be part of a preferential loan to develop infrastructure, workshops and ports in a special economic zone covering 70ha in Sihanoukville.

The agreement was signed by Japanese Ambassador to Cambodia Shohiro Shinohara and Cambodian Deputy Prime Minister and Foreign Minister Hor Namhong.

Additionally, Japan agreed to continue technical assistance to Cambodia in other future projects.

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