Logo of Phnom Penh Post newspaper Phnom Penh Post - Cambodia, Japan sign loan docs for irrigation project

Cambodia, Japan sign loan docs for irrigation project

Content image - Phnom Penh Post
Finance ministry secretary of state Hem Vanndy (right) and JICA Cambodia Office chief Kazumasa Sanui shake hands at the signing ceremony. JICA

Cambodia, Japan sign loan docs for irrigation project

Cambodia and Japan have signed an $18.2 million concessional loan agreements for the implementation of the Southwest Phnom Penh Irrigation and Drainage Rehabilitation Project Phase II, according to a joint press release from the Ministry of Economy and Finance and the Japan International Cooperation Agency (JICA).

The signing ceremony took place on April 27 in the presence of finance ministry secretary of state Hem Vanndy and JICA Cambodia Office chief representative Kazumasa Sanui.

Vanndy said the loan was signed following the "exchange of notes" on the extension of loan for this project, which was signed on April 10 between Minister of Foreign Affairs and International Cooperation Prak Sokhonn and Japanese ambassador to Cambodian Atsushi Ueno.

“[We] thanked the government and people of Japan and all relevant institutions of the Japanese government for always providing excellent cooperation,” he said.

He also thanked JICA for continuing to provide funding for official development assistance (ODA) within the framework of grants, concessional loans and technical assistance. He said the assistance has hit the target of the Cambodian government to restore and develop the society and the economy.

The press release read that the project mainly aims to improve and rehabilitate the irrigation and drainage systems at two sub-projects: Roleang Chrey and Kandal Stung-Bati located in the target provinces of Kampong Speu, Takeo and Kandal, with a total area of approximately 21,000ha and total beneficiaries of approximately 7,925 households and 44,000 farmers.


  • Tensions high ahead of historic Kun Khmer match up

    The long-awaited November 5 matchup between Kun Khmer legend Prum Samnang and Myanmar-Canadian boxer Dave Leduc has become the most anticipated fight of the year. The Wurkz Sena Kun Khmer promotion, which will be held at the Town Arena at Chip Mong 271 Megamall, will see six

  • Manet: Cambodia safe for travel

    Prime Minister Hun Manet acknowledged that Cambodia and China have cooperated to tackle internet scamming, fraud and other cross border crimes, but insisted that the “Kingdom of Wonders” is completely peaceful and safe. He welcomed tourists to come and explore its rich heritage. During a

  • UNESCO formally list Battambang gastronomy

    Battambang, renowned for its cultural heritage, has achieved a significant milestone as the first Cambodian municipality to join the UNESCO Creative Cities Network (UCCN). The UCCN unites nearly 300 cities prioritising creativity and cultural industries in local development plans and international cooperation. On World Cities Day,

  • Cambodia pivots to solar, wind energy

    Cambodia is planning a move towards solar and wind energy to meet its rising power demands, according to Minister of Mines and Energy Keo Rottanak. On the sidelines of the Singapore International Energy Week event held recently, Rottanak emphasised the urgency of diversifying Cambodia’s

  • Angkor causeway symbol of Cambodia-Japan ties

    In a historic moment marking another milestone in the 70-year-long diplomatic relations between Cambodia and Japan, King Norodom Sihamoni celebrated the formal inauguration of a causeway located to the west of the world-renowned Angkor Wat. While presiding over the November 4 ceremony, the King emphasised the

  • Manet calls for Cambodia’s railways to get back on track

    Prime Minister Hun Manet has instructed the relevant authorities to expedite studies into upgrades to the Phnom Penh to Preah Sihanouk railway line. He suggested that the maximum speed on the line should be increased to 80km/h, in order to expedite the transportation of