PHNOM PENH, May 19 (Xinhua) -- China on Tuesday provided about 73 million U.S. dollars of a concessional loan to Cambodia to build a part of main road in the northeastern part of the country to develop that area into a newly potential economic zone.
The fund will be used for building a 121km-long road, a part of national road 78 from Stung Treng province to Ratanakiri province, according to the Cambodian Ministry of Economics and Finance.
The road will be used for border-crossing trade activities, transport, and tourism with the neighboring countries in the framework of triangle development in the Great Mekong Sub-region (GMS), Keat Chhon, deputy prime minister and minister of economics and finance, said at the signing ceremony with Chinese Ambassador to Cambodia Zhang Jinfeng.
The project will be contributed to integrate the internal road system in the country and linking the road to regional road networks, he said, adding that it will connect the northeastern part of the country with central Vietnam.
The road is a blood vessel for northeastern areas, Keat Chhon said. He also thanked the Chinese government for its persistent support to Cambodia's social and economic development.
Ambassador Zhang expressed confidence that the road will be sure to help the poverty reduction in Cambodia's northeastern area and to play an important role in promoting the economic development there.
The fund will be used for building a 121km-long road, a part of national road 78 from Stung Treng province to Ratanakiri province, according to the Cambodian Ministry of Economics and Finance.
The road will be used for border-crossing trade activities, transport, and tourism with the neighboring countries in the framework of triangle development in the Great Mekong Sub-region (GMS), Keat Chhon, deputy prime minister and minister of economics and finance, said at the signing ceremony with Chinese Ambassador to Cambodia Zhang Jinfeng.
The project will be contributed to integrate the internal road system in the country and linking the road to regional road networks, he said, adding that it will connect the northeastern part of the country with central Vietnam.
The road is a blood vessel for northeastern areas, Keat Chhon said. He also thanked the Chinese government for its persistent support to Cambodia's social and economic development.
Ambassador Zhang expressed confidence that the road will be sure to help the poverty reduction in Cambodia's northeastern area and to play an important role in promoting the economic development there.
6 comments:
How do you think about china to Cambodia, it better than US ?
Both....China and the US are perfect for the Kingdom of Cambodia,Because the people of Cambodia inside and out outside the Country want PEACE and PROSPERS.
the way i saw cambodia, cambodia needs a lot of good roads all over the country. keep in mind too that cambodia's countryside is often flooded annually so when build new roads, make sure to elevated the roadway so roads won't wash away by flood waters. i think cambodia should look into building good roads that will connect all provincial centers to the capital phnom penh city and collect all roads to all the provinces; we must not keep any province isolated anymore. with good infrastructure it will be easier for the local people to transport their agricultural products to the city centers for trade and beyond. when cambodia realizes the importance of having good reliable roadways all across the country, then our country will be better for making and conducting a good way of living everywhere. please study it and think about this important development of good, reliable infrastructure for cambodia. god bless cambodia.
Thank to China. Long live Khmer Chinese friendship.
What about rail road? Aren't we suppose to do something about it?? Cambodia need to do something about railway system also...?
Railway systems in Cambodia are piece of Craps!! only looks good from outside....?
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