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Thursday, March 27, 2014

Korea to Help Cambodia to Improve the Waterway for Port Logistics Development

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Phnom Penh: The Government of the Republic of Korea through the Korea International Cooperation Agency (KOICA) will provide 5.5 million USD grant aid to Cambodia through the Ministry of Public Works and Transport (MPWT) to enhance the waterway in Cambodia under the “Project for Feasibility Study on Waterway Improvement for Port Logistics Development in Cambodia”.

The Project is aimed at conducting bathymetric survey, soil test to draw up basic and detail design and environmental impact review including measures for bank erosion prevention for possible dredging along the Mekong River from Phnom Penh to Kratie Province. With capacity building for relevant staffs at the Department of Waterway at MPWT and other relevant authorities such as the Phnom Penh Autonomous Port, the Project will contribute to informed policy formulation of the Cambodian government in the field of improving inland waterways and logistics, port function and environment.

The Record of the Discussion for the project was signed by Ms. BAEK Sook Hee, Representative of the KOICA Cambodia Office, and H.E. Sokhom Pheakavanmony, Secretary of State of MPWT on 7 March, 2014. “KOICA has already built a reliable partnership with MPWT working for rebuilding infrastructure in Cambodia such as roads and railways, and we also have a project in civil aviation.” Ms. Baek said. “This Project is opening a new development cooperation phase as it is the first time for us to get involved in waterways.”

Thanking KOICA and the people of the Republic of Korea for continuous assistance in developing Cambodia, Secretary of State Pheakavanmony said. He mentioned that “throughout this efforts and commitment, the close relationship between Cambodia and Korea will be further strengthened”.

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