Minister of Foreign Affairs Prak Sokhon shake hands with Korean Ambassador Kim Weon Jin in Phnom Penh yesterday after signing the $400 million deal for giving Korean loans to Cambodia.
Foreign Affairs Minister Prak Sokhonn and South Korean Ambassador Kim Weon Jin yesterday signed two loan packages totalling more than $400 million, largely for infrastructure development.
The first loan package included $350 million for a handful of projects, including, among other things, health care, rural roads and sewage systems.
The other agreement sets out a more than $67.4 million loan to upgrade National Road 48, which runs through Koh Kong province.
Contact PhnomPenh Post for full article
Post Media Co LtdThe Elements Condominium, Level 7
Hun Sen Boulevard
Phum Tuol Roka III
Sangkat Chak Angre Krom, Khan Meanchey
12353 Phnom Penh
Cambodia
Telegram: 092 555 741
Email: [email protected]
