Logo of Phnom Penh Post newspaper Phnom Penh Post - Japan gives $72M for water supply expansion, socio-economic development

Japan gives $72M for water supply expansion, socio-economic development

Content image - Phnom Penh Post
Japanese Ambassador Masahiro Mikami (left) and Minister of Foreign Affairs Prak Sokhon (right) sign the agreement for the ODA grant that provides $41 million in assistance to fight coronavirus in June. EMBASSY OF JAPAN IN CAMBODIA

Japan gives $72M for water supply expansion, socio-economic development

The Japanese government will extend loan and grant totalling $72.72 million for an ongoing water supply expansion project and the implementation of socio-economic development programmes in Cambodia, according to the Ministry of Foreign Affairs and International Cooperation.

In a press statement on October 8, the ministry said a signing ceremony presided over by foreign minister Prak Sokhonn and Japanese ambassador to Cambodia Masahiro Mikami will be held on October 11.

According to the statement, the loan accounts for approximately $58.21 million to be used for implementing the Siem Reap Water Supply Expansion Project phase II in Siem Reap province.

The grant amounts to $12.49 million for the implementation of socio-economic development programmes in a number of species, including $1.8 million for mine action, $2.27 million for construction materials, $2.27 million for cadastral survey, $3.63 million for human resource development and the remaining $4.54 million for manufacturing.

“The above loan and grant aid extended by the Government of Japan will significantly contribute to promoting the economic and social development of the Kingdom of Cambodia as well as further strengthening the existing good relations and bond of friendship between the two countries,” the press statement said.

MOST VIEWED

  • ‘Education’ a priority traffic-law penalty

    A top National Police official on June 21 neither rejected nor confirmed the authenticity of a leaked audio message, which has gone viral on social media, on a waiver of fines for a number of road traffic-related offences. General Him Yan, deputy National Police chief in

  • Siem Reap’s $18M zoo said to educate public, help wildlife

    Angkor Wildlife and Aquarium Co Ltd has invested $18 million in a zoo in Siem Reap province, which will be opened in October to educate and promote animal conservation as well as attract national and international tourists. Currently, the Angkor Wildlife and Aquarium is building the

  • Volunteer scheme to foster ‘virtuous’ humanitarian spirit

    A senior education official said volunteer work contributes to solidarity and promotes a virtuous humanitarian spirit among the youth and communities. Serei Chumneas, undersecretary of state at the Ministry of Education, Youth and Sport, made the comment during the opening of a training programme called “

  • Chinese firms unveil preliminary results on metro, monorail for capital

    Minister of Public Works and Transport Sun Chanthol and representatives from China Road and Bridge Corp (CRBC) and its parent company, the state-owned China Communications Construction Co Ltd (CCCC), met on June 24 for talks on results of the firms’ preliminary study on a potential metro

  • ACLEDA, WU to enable global money transfers

    Cambodia's largest commercial bank by total assets ACLEDA Bank Plc and global money transfer firm Western Union (WU) have partnered to offer customers cross-border money transfers to 200 countries via “ACLEDA mobile” app. In Channy, president and group managing director of ACLEDA, said the June 22 agreement

  • Aeon, Micromax partner again for third mall

    AEON Mall (Cambodia) Co Ltd and a locally-owned Micromax Co Ltd have entered into a partnership agreement to develop fibre optic infrastructure for $200 million Aeon Mall 3, which is expected to be opened in 2023. The agreement was signed on June 20 between Masayuki Tsuboya, managing director of