Japan Loans Usd86 Million to Improve Phnom Penh Electricity System

Phnom Penh Electricity Wire. Photo Credit: Michael Coghlan

The government of Japan recently provided a USD86 million loan to Cambodia to upgrade and expand the Phnom Penh city electricity transmission and distribution system, according to an official letter from the Ministry of Foreign Affairs and International Cooperation.

This project will provide new substations, transmission lines, distribution lines, and related facilities, and augment the existing substations in the Phnom Penh metropolitan area to enhance the electric supply stability, thereby contributing to economic development in Cambodia.

The loan agreement signing ceremony was held on 8 April and presided over by Prime Minister Samdech Hun Sen. The agreement was signed byH.E. Prak Sokhon, Senior Minister, Minister of Foreign Affairs and International Cooperation and Minister of Foreign Affairs of Japan H.E. Taro Kono during his official visit to the Kingdom of Cambodia

Beside this loan, the agreement also includes another loan worth USD4.6 million to improve the economic and social development sector in Cambodia

This loan agreement shows the strong bilateral relationship between Japan and Cambodia and also marks the 65th anniversary of the establishment of diplomatic relation between Cambodia and Japan

- Video Advertisement -

Related Post

Serei Sophon Landfill Project Completed in Banteay Meanchey Province

The construction of an 11-hectare landfill in Serei Sophon has officially been completed, marking a significant milestone in the region’s waste management efforts. Relevant authorities are preparing for a handover inspection scheduled for November 20, 2024. During a recent visit to the site, HE Ros Vanna, Secretary of State of the Ministry of Public Works […]

Japanese Companies Show Interest in Agriculture Investment in Cambodia

Twenty-six Japanese companies are exploring investment opportunities in agriculture, food processing, and aquaculture in Cambodia. This development was highlighted during a recent meeting between Prime Minister Samdech Hun Manet and His Excellency Takahashi Fumiaki, President of the Japan-Cambodia Association, on November 19, 2024. President Takahashi announced that the Association, which opened its office in Cambodia […]

Cambodia’s Cashew Production Soars in 2024

In a significant boost to its agricultural sector, Cambodia has produced 840,000 tons of cashew nuts in the first ten months of 2024, marking a remarkable 26% increase compared to last year. Mr. Uon Siloth, President of the Cambodian Cashew Association, announced this. Mr. Siloth highlighted that over 790,000 tons of these cashew nuts have […]

Network News: How Digital Twins and Analytics Are Shaping the Future of Connectivity And 5G

Not entirely out of sight, but almost always out of mind, cell towers quietly form the backbone of modern communication, powering everything from texts and phone calls to TikTok videos. Some topping 200 feet, they can stand tall like sentinels along roads or poke up from the roofs of high buildings. Their thistle-like tops bristle […]

Cambodia Officially Withdraws from CLV Development Triangle, Focuses on National Infrastructure Projects

Cambodia has officially announced its withdrawal from the Cambodia-Laos-Vietnam Development Triangle Area (CLV-DTA), marking a shift in its regional development strategy. The decision was formalised through the promulgation of the Law on the Approval of the Agreement on the Promotion and Facilitation of Trade in the CLV-DTA and will take effect upon the completion of […]

Cambodia’s Mining Sector Attracts USD 2.764 Billion Investment Across 555 Licensed Operations

Cambodia’s mining sector continues to expand, with 555 registered mining licenses now active under the Ministry of Mines and Energy, driving a total investment of USD 2.764 billion and creating approximately 11,306 jobs. The Ministry highlighted this significant growth during its annual meeting on 21 November 2024, underscoring the sector’s vital role in national economic […]