Wednesday, December 03, 2008

China to give Cambodia $215 mln to build roads

Cambodian Prime Minister Hun Sen, left, sees off Jia Qinglin, the fourth-most-powerful person in China's Communist Party, after a signing ceremony in Phnom Penh, Cambodia, Wednesday, Dec. 3, 2008. Cambodia on Wednesday have received a loan US$207 million from China for infrastructure projects promoting economic development in the country's remote areas. (AP Photo/Heng Sinith)

PHNOM PENH, Dec 3 (Reuters) - China is to give Cambodia aid and loans worth $215 million for road construction, and the two countries have also agreed to step up trade between them, officials said on Wednesday.

They expected trade flows to reach $1 billion by 2010 from $933 million last year, the officials said.

Beijing, which gave Cambodia $600 million in assistance in 2007, is looking to expand cooperation in oil and mineral exploration, Cambodian Information Minister Khieu Kanharith said, adding that his country welcomed this.

The announcements came as a Chinese delegation visited the Southeast Asian country to mark the fiftieth anniversary of diplomatic ties between them.

(Reporting by Ek Madra; Editing by Alan Raybould)

4 comments:

Anonymous said...

Merci la chine d'avoir exporter vers le Cambodge tous les produits à base cancérigene et autre Mais c'est la vie iL faut soutenir Samdach SenaDECH CHO. Et le grand frere Viet il vous promet combien

Anonymous said...

China and chinese people all love money. Time for them to make more money.

Very selfish people, are the chinese. Don't get me wrong, I am also decented from china. But its the truth. So, there is no such thing are free money or kind people when we're talking about china or chinese

Anonymous said...

China give the money 215 million $ only for dictatotr Hund Xen and the communist mebers!!!
Not for khmer people,because china don't want that Khmer country will be better!!
Dictator Hund Xen will hve more power and destroy all who stand up against this regime!!!
Hud Xen destroy democratie in Cambodia.

Anonymous said...

will wait and see