Monday, March 19, 2012

China Leads in Assistance to Cambodia

2012-03-17
Xinhua

China is the largest donor in infrastructure development assistance to Cambodia, Cambodian Deputy Prime Minister and Finance Minister Keat Chhon said Saturday.

"China is the No. 1 donor for infrastructure development here, and Japan comes at the second," he told reporters after opening a regional economic forum.

He said that China's aid on infrastructure is vital for Cambodia to boost its long-term economic growth.


According to the Finance Ministry, since 1992, China has provided a total of 2.1 billion U.S. dollars to Cambodia, mainly for the construction of roads, bridges, and irrigation system.

Of the amount, 125 million U.S. dollars is grant, 152 million U. S. dollars is non-interest loan, and the rest is concessional loan.

3 comments:

Anonymous said...

infrastructure, like education, it is something cambodia can use for life. thank you, china, japan, and america for helping to make a real, difference in my country cambodia.

Anonymous said...

Cambodia now is slowly stepping forward but still a lot of areas to work on. Cambodia should has some aid in technology from Japan in order to rebuild Cambodia into an industrious country.Hun Sen should accept Japanese who want to migrate to Cambodia instead of five millions Vietnam in the country.

Anonymous said...

Haha this report is funny.

Chinese is the largest donor? Does donor means you pay them alot of debts?

Everyone knows that the Vietnamese Tycoons controls all the infrastructures and development and all national resources are sold to the Vietnamese. How come Vietnamese isnt in 2nd place instead of the Japanese? LOLZ

Well done AH Chkae Kwak, you are great at convincing the world.