Subscribe Search

Search form

Logo of Phnom Penh Post newspaper Phnom Penh Post - South Korea to lend $200 million over three years

South Korea to lend $200 million over three years

South Korea to lend $200 million over three years

Cambodia is set to receive a loan from South Korea for $200 million, which is to be earmarked for rehabilitating several major roadways between 2013 and 2016.

The agreement will be signed by Cambodian Foreign Minister Hor Namhong and South Korean ambassador Kim Han-soo on Wednesday, with Prime Minister Hun Sen serving as a witness.

The loan, from South Korea’s Economic Development Cooperation Fund, will go towards repair work on National Road 2 and National Road 22 as well as the rehabilitation of National Road 48. It will also fund improvement of rural roads in nine provinces.


  • Kak Channthy, Cambodian Space Project frontwoman, killed in crash at 38 [Updated]

    Updated 5:05pm, Tuesday, March 20, 2018 Kak Channthy, frontwoman of popular The Cambodian Space Project, was killed Tuesday morning in a traffic accident in Phnom Penh. She was 38. Channthy, the internationally recognised singer-songwriter also known as “Srey Thy”, was reportedly travelling in a tuk-tuk on the city's

  • Australian police investigating death threat against Kem Ley's widow

    Updated: 10:17am, Friday March 23, 2018 Australian authorities on Thursday confirmed they have launched an investigation into a crudely written death threat sent tothe family of slain political analyst Kem Ley and Victoria state MP Hong Lim. The typed letter, reported to Victoria police last week, is

  • Apparel groups including H&M and Gap urge Cambodia garment industry reform, seek meeting with Hun Sen

    A group representing some of the largest apparel brands in the US and Europe – including Gap, H&M and ASOS – expressed “growing concern” on Tuesday over several controversial labour laws and ongoing court cases against unionists described as restrictive and unjust. In an open letter

  • Hun Sen says Montagnards don’t exist in Cambodia

    Prime Minister Hun Sen once again attacked ex-opposition leader Sam Rainsy for pledging “autonomy” to Montagnards, claiming – seemingly incorrectly – the ethnic minority does not exist in Cambodia. “We respect all minorities such as Jarai, Steang, Phnong, but we have never had Montagnards,” the premier said