Japan to provide $50M for Phnom Penh power project

 The Japanese government will provide eight billion yen ($50 million) in financing for the Phnom Penh City Electricity Transmission and Distribution System Expansion Project in Cambodia. This is part of a larger financial package of over $103 million announced during the recent visit of Kamikawa Yoka, Japan's Minister for Foreign Affairs. The project aims to improve electrical stability in Phnom Penh by upgrading infrastructure and rehabilitating existing facilities. Additionally, Japan has provided grant aid and a loan for other projects in Cambodia, such as human resource development scholarships and improvements to National Road No. 5 connecting Phnom Penh to the Thailand border. During the visit, both countries discussed enhancing their Comprehensive Strategic Partnership and promoting economic ties, including encouraging Japanese investment in Cambodia. Japan also pledged support for Cambodia's social infrastructure development, including water supply and digital security, as well as cooperation in demining efforts. JICA has supported various projects in Cambodia, focusing on people-centric sectors like water supply, education, and healthcare. Japan is a significant investor in Cambodia and a key development partner, demonstrating a strong commitment to bilateral relations.

Source: Khmer Times, 10-07-2024

Link: https://www.khmertimeskh.com/501520191/japan-to-provide-50m-for-phnom-penh-power-project/