Bilateral development assistance

Japan inked the $16 million deal through the Japanese International Cooperation Agency (JICA) in February 2016. However Chou Kimtry, deputy director of the municipal department of transport, said yesterday the traffic lights will not be operational until February 2018. ...

The government signed concessional loan agreements with development partners – both bilateral and multilateral – amounting to about $8.3 billion from 1993 to the end of 2016, official figures show.​   ...

Cambodia’s national debt stood at $5.8 billion at the end of 2016, totalling nearly a third of GDP, according to the latest debt bulletin released by the Ministry and Economy and Finance earlier this month. ...

The US government has agreed to provide global electoral NGO International Foundation for Electoral Systems a $1.8 million grant to ensure the National Election Committee conducts free and fair elections. ...

Vice Chairman Chen Changzhi pledged that China would continue to extend loans to Prime Minister Hun Sen’s government, provide development aid, and encourage investment.   ...

In a statement on Sunday, the Documentation Center of Cambodia (DC-Cam) said the $6 million in additional funding from the U.S. Agency for International Development (USAID) would be paid into an endowment fund that would accrue interest over the next 20 years, eventually bringing in ...

The United States has agreed to provide an additional $5.8 million to the Documentation Center for Cambodia to preserve Khmer Rouge-era historical records over the next 20 years.   ...

The Japanese ambassador is set to sign a new aid package today pledging about $140 million worth of support for various projects, according to the Ministry of Foreign Affairs. ...

In its first two months of regular operation Cambodia’s first civil aviation training centre has provided certificates to dozens of aviation officials and airport staff, helping to raise the skill level of personnel in the Kingdom’s fast-expanding aviation sector. ...

Sweden’s development agency will provide $7 million to foster the development of small- and medium-size enterprises (SMEs) in Cambodia, according to state-run news agency AKP. ...

The influx of Chinese economic assistance into Sri Lanka and Cambodia has raised questions regarding the intentions behind these massive loans. A 2016 International Monetary Fund report showed that Cambodia’s external multilateral public debt is now at US$1.6 billion, while its bilateral public debt with ...

South Korea has given more than 200 military vehicles to Cambodia and nearly 200 more will arrive in July. The first batch were handed over yesterday at a ceremony at the Techo Hun Sen Military Technical Institute in Kampong Speu province. ...

Cambodia yesterday asked China to help fund the construction of two bridges across the Mekong River, which it said would cut traffic congestion in Phnom Penh and help create a ring road around the city.   ...

Japan has signed a three-year deal to help train government officials on attracting environmentally friendly investment. The Environment Ministry and Japan International Cooperation Agency (JICA) yesterday signed the agreement to educate officials about how to use environmental impact assessments and enforce pollution controls. ...

Prime Minister Hun Sen has once again called for the United States to drop the debt Cambodia incurred during the 1970s Lon Nol regime, just days after US Ambassador William Heidt said in no uncertain terms that the US had no such plans. ...

Cambodia is expecting a shipment of military vehicles donated by South Korea, according to a sub-decree. The Ministry of Finance in December released about $1 million to the Defence Ministry to cover the equipment’s transportation, it says.​ ...

The Japan International Cooperation Agency (JICA) will continue to support the development of Cambodia’s logistics sector in its partnership with the government to reduce transport costs and strengthen the country’s logistics infrastructure. ...

South Korea will hand out nearly $420 million in development loans to Cambodia this week, much of it for roads and other infrastructure, bringing its total assistance to more than $880 million since 2001.   ...

The government plans to spend about $300 million to build a new multipurpose seaport in Preah Sihanouk province, which promises to receive larger cargo ships and reduce logistics costs.The new port will increase the capacity of the Sihanoukville Autonomous Port (PAS) to handle cargo shipments, ...

Japanese investors have sunk over $800 million into the Cambodian economy over the past two decades, with much of this investment coming on the back of concessional aid directed to develop and strengthen the country’s trade and industry capacities, according to data provided on Friday ...

Japan, the Khmer Rouge tribunal’s largest donor to date, has contributed a further $1.12 million to its international component, the tribunal said on Tuesday in a statement. ...

A $100 million freshwater aquarium, part of which will be a research and breeding center, is being planned for Phnom Penh.​ The project, revealed in a meeting between Prime Minister Hun Sen and a visiting Japanese delegation from the Japan-Cambodia Association on Friday, will be funded ...

Chinese aid and expertise—and perhaps some fighter jets—will help modernize Cambodia’s military, Defense Minister Tea Banh said on Monday as navy vessels from China and the U.S. paid courtesy calls to Cambodia’s ports. Speaking after his return from the 7th Xiangshan Forum, a regional security summit ...

A​ tourism​ development​ agreement​ was​ signed​ last​ week​ between​ Cambodia’s​ Ministry​ of​ Tourism​ and​ China’s​ Shanghai​ Spring​ International​ Travel​ Service​ Group​ to​ boost​ the​ influx​ of​ Chinese​ tourists​ to​ the​ Kingdom. In​ announcing​ the​ agreement​ on​ Saturday,​ Minister​ of​ Tourism​ Thong​ Khon​ said:​ “The​ memorandum​ ...