S.Korea pledges 17 mln USD for Cambodia to restore National Road 3
The South Korean government pledged to grant about 17 million U.S. dollars in aid to help Cambodia restore National Road 3, which links Phnom Penh to Kampot Province, local media reported on Thursday.
It would also offer 10 million U.S. dollars of fund to help improve the technological administrative system for all the provinces of the kingdom, said Raksmey Kampuchea Daily, or Light of Cambodia.
The decisions were made here on Wednesday, when Guk Kyo Suh, director general of the Import-Export Bank of the Republic of Korea, met with Keat Chhon, Senior Minister and Minister of Finance and Economy of Cambodia, on the financial cooperation between the two countries.
Relevant agreements for the grant and the aid will be signed by South Korean President Roh Moo Hyun when he visits Cambodia on Nov. 20 to attend the Angkor-Gyeongju World Culture Expo 2006 to be held in Siem Reap province from Nov. 21 to Jan. 9, 2007.
According to a report from the Ministry of Finance and Economy, South Korean has offered Cambodia at least 27 million U.S. dollars in grant and aid in the past years to help the kingdom build vacation training school, repair national road and irrigation system, and improve the technological administrative system for all the provinces.
Source: Xinhua
It would also offer 10 million U.S. dollars of fund to help improve the technological administrative system for all the provinces of the kingdom, said Raksmey Kampuchea Daily, or Light of Cambodia.
The decisions were made here on Wednesday, when Guk Kyo Suh, director general of the Import-Export Bank of the Republic of Korea, met with Keat Chhon, Senior Minister and Minister of Finance and Economy of Cambodia, on the financial cooperation between the two countries.
Relevant agreements for the grant and the aid will be signed by South Korean President Roh Moo Hyun when he visits Cambodia on Nov. 20 to attend the Angkor-Gyeongju World Culture Expo 2006 to be held in Siem Reap province from Nov. 21 to Jan. 9, 2007.
According to a report from the Ministry of Finance and Economy, South Korean has offered Cambodia at least 27 million U.S. dollars in grant and aid in the past years to help the kingdom build vacation training school, repair national road and irrigation system, and improve the technological administrative system for all the provinces.
Source: Xinhua
6 comments:
The ruling party must have done something right to attract so much foreign aid and investment.
If they keep this up, the Cambodian poor will have enough crumps to keep other political parties in opposition forever.
SiS
Yes after Hun Xen group charge the use road donated by foreigner like National Rout #4.
Evry one use the road curse the mother of corrupters!
Or, the oppositions are so weak that international community has no choice but to go along with the ruling party.
^^^
Hi 3:51AM, You are correct. The opposition must be very weak that is why, everything is going through the ruling party. I compare the oppostion party now to the one Sihanouk has created during his regime and was called Parak Rotha Phibal. He invited all his friends to sit as Parak Rotha Phibal and he was Rotha phibal. That is joke!!!!!!!!
Nothing to do with the opposition ,my friends ! Don't expect foreign countries to finance opposition to topple an elected government no matter how corrupt it is. Anyway, any foreign assistance is welcome !
Opposition party want to be strong?
Yes! Opposition party can be very strong if they have army and police force and of course weapon of all shapes and sizes!
Sam Rainsy Party is a democratic opposition and they use laws instead of gun and bullet and that is why they are so weak!
AH HUN SEN never give a fuck about democratic he will use gun and bullet to get what he want! I don't know what the opposition is waiting for! If the oppposition want to play the game and they better play the way of AH HUN SEN in order to win otherwise Sam Rainsy Party can be opposition forever and still going nowhere!
Where do opposition go now? Where do you go now? Where do you go?
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