Logo of Phnom Penh Post newspaper Phnom Penh Post - Loans reflect on party: PM

Loans reflect on party: PM

Loans reflect on party: PM

Prime Minister Hun Sen yesterday touted a pair of development loans from Japan and France as proof positive of the ruling party’s successes.

“Their assistance to Cambodia ahead of July’s general election truly reflects their trust in Cambodia’s political stability,” Hun Sen said, addressing hundreds at the inauguration of a new water treatment plant in Meanchey district.

Japan’s development agency arm loaned the Kingdom $40.6 million, while the French Agency for Development loaned roughly $20 million toward the $90.4 million water treatment plant. Tomorrow, the Japanese ambassador, Yuji Kumamaru, is expected to sign off on a grant aid extension of more than $36 million for two other projects.

Such funding, said the premier, demonstrated faith in Cambodia.

“If they were not clear [about the political stability in Cambodia], they would not have signed off,” he said.

Pointing to the 2003 elections, after which a year-long deadlock led a number of donor countries to freeze aid, Hun Sen stressed that the willingness of France and Japan to support the government would not go unheeded.

“I will not make my friends [development partners] be disappointed,” said Hun Sen. “When our friend helps us, we have to help our friend.”

The premier also took pains to remind his audience how far the country had come since the fall of the Khmer Rouge, recalling that when he first entered Phnom Penh, a mere 70 people were occupying the capital.

“If there was no liberation day on January 7, 1979, would we survive until today?”

“Now leaders of the Pol Pot regime are standing for trial,” he added.

Yim Sovann, spokesman for the opposition Cambodia National Rescue Party, said he agreed that there has been political stability both before and after elections, but said that  this painted only part of the picture, noting that the lives of individuals were far from stable.

“It is a shadow of political stability, and there is a lack of justice,” he said.                                 


  • US think tank warns of China's 'ulterior motives'

    A US think tank on Tuesday warned that spreading Chinese investment in the Indo-Pacific follows a pattern of leveraging geopolitical influence at the expense of the nations receiving investment, including Cambodia. The report looks at a sample of 15 Chinese port development projects, noting that the

  • More than three tonnes of ivory reportedly bound for Cambodia seized in Mozambique

    A total of 3.5 tonnes of ivory reportedly bound for Cambodia was seized by authorities in Mozambique late last week, according to the NGO Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES). CITES' information was based on a report from the

  • Defence Ministry denies weapons in smuggling case came from Cambodia

    After a Thai national was arrested last week for allegedly smuggling guns from Cambodia to Thailand, Cambodia's Defence Ministry has claimed the weapons seized during the arrest are not used in Cambodia, despite the fact that both types of rifle seized are commonly found in

  • Shipwreck found off coast of Koh Kong

    Royal Cambodian Navy researchers are working to identify a decades-old shipwreck found earlier this month off the coast of Koh Kong province. Divers found the 70-metre-long wreck on April 4 about a mile from Koh Chhlam island, according to Navy officials. Deputy Navy Commander Tea Sokha,