Wednesday, September 16, 2009

[Who will pay the debt...?] Cambodia is seeking $600 million from China for similar projects, Hun Xen said.

PM seeks more Chinese aid

Tuesday, 15 September 2009
By Cheang Sokha
The Phnom Penh Post

Hun Sen announces push to secure up to $600 million in funding for projects including national road upgrades and hydro-projects ahead of a visit in October.
The government is negotiating with China to secure funding for infrastructure projects in Cambodia worth $600 million, Prime Minister Hun Sen announced on Monday.
Projects include upgrading 11 national roads and building several hydropower dams. The prime minister said that the length of the road expansion project will total 1,500 kilometres.
“China will be the country responsible for building the longest roads in Cambodia,” he said during a linking celebration at the Cambodia-China Prek Kdam Friendship Bridge.

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