Logo of Phnom Penh Post newspaper Phnom Penh Post - South Korea and Japan provide aid

South Korea and Japan provide aid

South Korea and Japan provide aid

The Japanese and South Korean governments yesterday announced millions of dollars in aid to Cambodia for a scholarship program and a number of rural development projects.

Minister of Foreign Affairs Hor Namhong and Japanese Ambassador Kumamaru Yuji signed for a $2.85 million grant yesterday to fund 21 students to study in Japan in the latest round of a 14-year-old study-abroad program.

“I hope this project contributes to human resource development,” Namhong said.

South Korea, meanwhile, announced the allocation of more than $21 million for four rural development projects to be implemented this year.

The agreement will be signed on Monday, according to a Foreign Ministry statement released yesterday.

The projects include developing the local securities market, a health sector support program and conducting feasibility studies for improving the organisation of the country’s sea ports.

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