Japan will offer Cambodia more than $140 million in loans and grants for infrastructure, health care and flood mitigation projects, the Foreign Affairs Ministry announced on Tuesday.
Foreign Affairs Minister Prak Sokhonn and Hidehisa Horinouchi, Japan’s ambassador to Cambodia, are expected to sign the agreement this evening, according to a ministry statement.
These projects are expected to “enhance people’s well-being with better health care, water supply and flood protection,” it says.
Japan will provide about $42 million in grant aid for three different projects: flood protection and drainage in Phnom Penh; improvements to Battambang Provincial Referral Hospital; and a water supply system expansion in Kompong Thom province.
A $98 million loan was provided for improvements to National Road 5. Vasim Sorya, director-general at the Public Works Ministry, said Japan was looking to develop a trade route between Bangkok, Phnom Penh and Ho Chi Minh City.