Source: Deum Ampil newspaper
Reported in English by Khmerization
China has pledged $712 million in concessional loans to Cambodia for the developments of 11 projects, reports Deum Ampil.
The Chinese pledges were announced by Cambodia's Minister of Finance after the return trip from China on 29th May.
Cambodia had originally applied for $1,300 million ($1.3 billion) in concessional loans to develop and upgrade 11 projects, but China had only agreed to lend only $712 million.
Spokesman for the Ministry of Finance said that the Chinese loans were pledged during a visit of Mr. Aun Pornmonirath, Cambodia's Secretary of State of the Ministry of Finance, to China recently.
Reported in English by Khmerization
China has pledged $712 million in concessional loans to Cambodia for the developments of 11 projects, reports Deum Ampil.
The Chinese pledges were announced by Cambodia's Minister of Finance after the return trip from China on 29th May.
Cambodia had originally applied for $1,300 million ($1.3 billion) in concessional loans to develop and upgrade 11 projects, but China had only agreed to lend only $712 million.
Spokesman for the Ministry of Finance said that the Chinese loans were pledged during a visit of Mr. Aun Pornmonirath, Cambodia's Secretary of State of the Ministry of Finance, to China recently.
