Tuesday, February 22, 2011

China to Help Cambodia Boost Social, Economic Development [-Social development? Beijing must be kidding]

2011-02-21
Xinhua

Cambodia and China on Monday signed six agreements on bilateral cooperation, aiming at assisting Cambodia to develop its economy and to alleviate poverty, said officials.

The agreements were signed here during the 2nd China-Cambodia Strategic Economic Dialogue, co-chaired by Anu Porn Moniroth, secretary of state of the Ministry of Economy and Finance of Cambodia and Fu Ziying, visiting Chinese vice commerce minister.

Cambodian Deputy Prime Minister, Minister of Economy and Finance Keat Chhon and Chinese ambassador to Cambodia Pan Guangxue attended the signing ceremony.


The grant and loan agreements included a grant to Cambodian Ministry of Economy and Finance; a donation of air-conditioners and desktop computers to the Senate; a project to dispatch Chinese experts to study the feasibility of the construction of agricultural laboratory building in Cambodia; a loan agreement for the construction of a 22 kilovolt electricity transmission line in the length of 1.9 km in the provinces of Kampong Speu, Preah Sihanouk, Prey Veng and Kampong Cham.

Moreover, the construction contract of enlargement of the national road No. 6A (in the length of 40 km) to four lanes under a soft loan from China, and the consultant contract on the enlargement of the national road No. 6A were also signed.

Aun Porn Moniroth expressed profound thanks to China for its timely and unconditional financial and technical assistances to Cambodia.

"As the world was affected by the global financial crisis, China had still provided its assistance to Cambodia," he said, adding"this has helped Cambodia to prevent and overcome the crisis successfully."

"Chinese aid to Cambodia is very essential to develop the economy and alleviate poverty,"he added.

Fu Ziying said that Cambodia is a good neighbor of China and pledged to continue supporting Cambodia in its development of economy.

"China and Cambodia are willing to help each other,"he said, adding "in the future, China can be a big market for Cambodian products."

"We want closer cooperation with Cambodia on agriculture and mining as well as other sectors,"he said.

Fu Ziying is scheduled to pay courtesy call on Cambodian Prime Minister Hun Sen on Monday afternoon.

5 comments:

Anonymous said...

*CHINA not be Honest with Cambodia since king Sihanouk regime.They're Back to make business with Cambodia leader like Hun sen regime,because they're Knew KHMER LEADERS[included king]so easy to CHEATING.....and some are insane and stupid. CHINA CAN NOT CHEAT viet-nam or Thailand,Because that Nation not stupid like khmer=Laos leaders.
KHMER DAI

Anonymous said...

China investment in Cambodia is most welcoming. It's far better than having Vietnam controls all Cambodia's economic infrastructure at the present and in the future. China has always been a reliable and faithful friend of Cambodia. The two nations has a long history of friendship and it is important that we recognizes the role China can play and will play in the face of Vietnam's expansionism policy.

Anonymous said...

I doubt very much that Hanoi is happy with the way Mr. Hun Sen opening up the door to China. They might be questioning his loyalty right now. Vietnam always knows when the time has come for it to change its puppeteers, like those who went before him, or the princes or princesses in the past. Which doors and when? No wonder Hun Sen needs so many personal body guards.

Anonymous said...

Let me tell some of the idiots who has no clue how Geo-politics work. China will always be a friend of Cambodia, a trust-worthy one, given its historical relationship with Cambodia, past and present. Understand that special relationship will enable Cambodia to survive as a people and a nation. Otherwise, you will be making a big mistake all over again. Stay neutral and stay polite, especially with our good friend, China. Would you prefer Vietnam's investment or China? China invests with cash, not flooding Cambodia with their owns like Vietnam.

Anonymous said...

Cambodia and China getting together is a great news for every one! love to see this with many more countries..

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