Search form

Login - Register | FOLLOW US ON

Logo of Phnom Penh Post newspaper Phnom Penh Post - Cambodia to ink deals on tourism in Kuwait

Cambodia to ink deals on tourism in Kuwait

PRIME Minister Hun Sen will sign three bilateral agreements with Kuwait, during his visit this week, that are expected to boost tourism and investment with the oil-rich Gulf nation, officials said Sunday.

A Cambodian delegation will visit Kuwait from today to Friday.

The three agreements include a tourism agreement, an agreement to initiate direct flights and a memorandum of understanding for the construction of an irrigation system and a hydropower project in Kampong Thom province.

"The memorandum of understanding on irrigation and hydropower projects will be worth more than US$300 million," Minister of Foreign Affairs Hor Namhong told reporters.

He said Hun Sen will only visit Kuwait on this trip, adding that he will visit other countries in the Middle East later. Cambodia is exploring lucrative land-lease agreements with Kuwait and Qatar.

Kuwaiti Premier Sheikh Nasser Mohammed al-Ahmed al-Sabah visited Cambodia last August to sign trade deals.

Kuwait granted Cambodia an agricultural loan of $546 million in return for food supplies and agreed to provide Cambodian officials with technical training for the petroleum industry.

The loan was the second-biggest aid pledge ever received by Cambodia.

Kuwait reportedly signed investment agreements with nine Asian countries that month. 

0

Comments

Please, login or register to post a comment

Latest Video

Turkish Embassy calls for closure of Zaman schools

With an attempted coup against the government of President Recep Erdogan quashed only days ago and more than 7,000 alleged conspirators now under arrest, the Turkish ambassador to Cambodia yesterday pressed the govern

CNRP lawmakers beaten

Two opposition lawmakers, Nhay Chamroeun and Kong Sakphea were beaten unconscious during protests in Phnom Penh, as over a thousand protesters descended upon the National Assembly.

Student authors discuss "The Cambodian Economy"

Student authors discuss "The Cambodian Economy"

Students at Phnom Penh's Liger Learning Center have written and published a new book, "The Cambodian Economy".