Sunday, August 16, 2009

Japan’s ODA Loan and Grant Aid to the Royal Government of Cambodia



An Exchange of Notes for Japan’s ODA Loan and Grant Aid to the Royal Government of Cambodia between Cambodian Deputy Prime Minister H.E. Hor Namhong, Minister of Foreign Affairs and International Cooperation and H.E. Shinohara Katsuhiro, Ambassador of Japan to Cambodia was held here Thursday morning under the presence of Cambodian Prime Minister Samdech Akka Moha Sena Padei Techo Hun Sen.

I n response to the request from the Royal Government of Cambodia and with a view to promoting the socio-economic development of the Kingdom of Cambodia, the Government of Japan has decided to extend ODA Loan and Grant Aid to the Royal Government of Cambodia for the purpose of contributing to the execution of the two following projects:

- Loan of up to ¥7,176,000,000, approximately equivalent to USD 72,000,000, for the implementation of The Sihanoukville Port Multipurpose Terminal Development Project; and
- Grant Aid of up to ¥1,000,000,000, approximately equivalent to USD 10,000,000, for the promotion of the economic and social development efforts by the Royal Government of Cambodia.

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