Japan pledges almost $5 million grant for Cambodia's development

Prime Minister Hun Sen and Prime Minister Shinzo Abe witness the signing of agreements in Tokyo on Friday (Photo from Prime Minister Facebook)

The grants provided focus on scholarships and constructing a container freight station

PHNOM PENH--Japan pledged on Friday to give almost US$5 million dollars to support education sector and infrastructure development in Cambodia. 

Cambodian ambassador to Japan Ung Rachana and Japanese Ambassador to Cambodia Hidehisa Horinouchi signed two grant agreements during a ceremony witnessed Prime Minister Hun Sen and his Japanese counterpart, Prime Minister Shinzo Abe.

Hun Sen was on a working visit to Japan where he also gave keynote speech at the Future of Asia Forum and held a meeting with Japanese business community.

The agreements include 339 million yen ($3.11 million) for scholarships and 200 million yen ($1.83 million) for constructing a container freight station.

Japan is one of Cambodia’s largest donors, providing the equivalent of $2.65 billion in Official Development Assistance to Cambodia between 2012 and 2016. This comprised $1.55 billion in grants, $869 million in technical assistance and $241 million in loans.    

“I thank Japan’s government and people who always contribute to helping build Cambodia. I also thank Japanese companies, for providing tens of thousands of jobs for Cambodians through their investments in Cambodia,” Hun Sen said.    

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